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Debt (Tables)
 6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Debt
The Company’s outstanding debt consisted of the following:
(in thousands)As of June 30, 2023As of December 31, 2022
Amount
Rate (1)
Amount
Rate (1)
Maturity Date
Short-term financing:
Revolving credit facility *$110,000 8.44%$130,000 7.04%March 22, 2024
Amended Shareholder’s Loan Agreement (second)25,000 9.90%25,000 9.10%
May 20, 2024
Amended Shareholder's Loan Agreement (third)50,000 9.60%50,000 9.01%November 30, 2023
Amended Shareholder's Loan Agreement (fourth)4,820 9.30%— March 31, 2024
Other short-term financing— 614 Various
Total short-term debt$189,820 $205,614 
Long-term debt:
Amended Shareholder's Loan Agreement (fourth)$— $4,800 9.00%March 31, 2024
Finance leases and other debt515 **619 **Various
Total long-term debt and finance leases515 5,419 
Less: Current maturities of long-term debt and finance leases219 220 
Long-term debt$296 $5,199 
*
Unamortized financing costs and deferred fees on the revolving credit facility are not presented in the above table as they are classified in Prepaid expenses and other current assets on the Consolidated Balance Sheet. Unamortized debt issuance costs, were $0.7 million and $0.4 million as of June 30, 2023 and December 31, 2022, respectively.
**
Finance lease obligations are a non-cash financing activity. See Note 7. Leases.
(1)Includes the weighted average interest rate.