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DEBT (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Maximum Leverage Ratios
The Company’s maximum consolidated total leverage ratio in the financial covenants (as defined in the Senior Credit Facility) is the following:
Fiscal QuarterMaximum Consolidated Total Leverage Ratio
September 30, 2022 through June 30, 2023
4.50 to 1.00
September 30, 2023 and the last day of each fiscal quarter thereafter
4.00 to 1.00
Schedule of Contractual Repayments of Debt
Contractual repayments of the Term Loan component of the Senior Credit Facility are due as follows:
Year-ended December 31, 2022Principal Repayment
Dollars in thousands
2023$38,125 
2024$67,500 
2025$669,375 
$775,000