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CREDIT FACILITY (Tables)
12 Months Ended
Dec. 31, 2021
CREDIT FACILITY  
Schedule of borrowings under credit facility

    

December 31, 2021

Balance

    

Interest Rate

    

Unused Line Fee

Term Loan Facility subject to a fixed interest rate

$

255,719

1.271%

Term Loan Facility subject to a variable interest rate

139,281

0.890%

Revolving Facility subject to a variable interest rate

0.890%

0.10%

Total borrowings under the Credit Agreement

$

395,000

Schedule of debt obligation

December 31, 

December 31, 

    

2021

    

2020

Term Loan Facility

$

395,000

$

323,750

Less: debt issuance costs

(2,267)

(1,704)

Total debt

392,733

322,046

Less current portion of long-term debt

(20,000)

(17,500)

Total long-term debt

$

372,733

$

304,546

Schedule of contractual maturities of debt obligations

Year Ending December 31,

    

2022

$

20,000

2023

20,000

2024

20,000

2025

20,000

2026

315,000

Total

$

395,000

Schedule of interest expense and unused line of credit fees

Years Ended December 31, 

    

2021

    

2020

    

2019

Interest expense

$

3,969

$

5,080

$

2,994

Amortization of debt issuance costs

822

519

186

Unused line of credit fees and other

168

153

236

Total interest expense

$

4,959

$

5,752

$

3,416