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Financing Arrangements (Tables)
 9 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Our credit facilities and long-term debt obligations are summarized as follows (in millions):
Maturity DateInterest RateSeptember 30, 2023December 31, 2022
Short-Term Credit Facilities
U.S. Asset-Based Revolving Credit FacilityMarch 16, 20285.36%$48.0 $181.1 
2022 Japan ABL Credit FacilityJanuary 25, 20250.90%30.1 38.2 
Total Principal Amount$78.1 $219.3 
Unamortized Debt Issuance Costs$4.3 $0.9 
Balance Sheet Location
Asset-based credit facilities$78.1 $219.3 
Prepaid expenses$1.0 $0.6 
Other long-term assets$3.3 $0.3 
Maturity DateInterest RateSeptember 30, 2023December 31, 2022
Long-Term Debt and Credit Facilities
2023 Term Loan BMarch 16, 20308.92%$1,243.8 $— 
Convertible NotesMay 1, 20262.75%258.3 258.3 
Equipment NotesJuly 24, 2023 - December 27, 2027
2.36% - 5.93%
21.2 27.8 
Mortgage LoansJuly 1, 2033 - July 29, 2036
9.75% - 11.31%
45.4 45.9 
Financed Tenant ImprovementsFebruary 1, 20358.00%3.3 3.5 
Term Loan B—8.88%— 432.0 
Topgolf Term Loan—10.58%— 336.9 
Topgolf Revolving Credit Facility—8.08%— 110.0 
Total Principal Amount$1,572.0 $1,214.4 
Less: Unamortized Debt Issuance Costs32.7 24.3 
Total Debt, net of Unamortized Debt Issuance Costs$1,539.3 $1,190.1 
Balance Sheet Location
Other current liabilities$17.8 $13.8 
Long-term debt1,521.5 1,176.3 
$1,539.3 $1,190.1 
Schedule of Interest Expense, Debt
Total interest and amortization expense related to our credit facilities and long-term debt obligations, which is included in “Interest Expense, net” in the condensed consolidated statement of operations, is summarized as follows (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
Short-Term Credit Facilities
U.S. Asset-Based Revolving Credit Facility$0.9 $1.2 $6.5 $2.9 
2022 Japan ABL Credit Facility0.1 0.1 0.3 0.2 
Total$1.0 $1.3 $6.8 $3.1 
Long-Term Debt and Credit Facilities
2023 Term Loan B$29.1 $— $61.7 $— 
Convertible Notes1.7 1.7 5.3 5.3 
Equipment Notes0.2 0.2 0.7 0.6 
Mortgage Loans1.2 1.2 3.5 3.6 
Term Loan B— 8.4 8.6 21.2 
Topgolf Term Loan— 8.0 7.8 20.7 
Topgolf Revolving Credit Facility— 0.9 2.7 2.6 
Total$32.2 $20.4 $90.3 $54.0 
Schedule of Aggregate Amount of Maturities for Debt
The following table presents our combined aggregate amount of maturities for our long-term debt over the next five years and thereafter as of September 30, 2023. Amounts payable under the 2023 Term Loan B included below represent the minimum principal repayment obligations as of September 30, 2023.
(in millions)
Remainder of 2023$5.3 
202420.8 
202518.6 
2026276.3 
202715.5 
Thereafter1,235.5 
$1,572.0 
Less: Unamortized Debt Issuance Costs32.7 
Total$1,539.3