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v3.22.2.2

LONG-TERM DEBT - New Term Loan Facility (Details) - USD ($) $ in Thousands |  | 9 Months Ended |  |
--- | --- | --- | --- | ---
Feb. 23, 2022 | Oct. 01, 2022 | Dec. 31, 2021 | Dec. 18, 2018
Debt Instrument [Line Items] |  |  |  |
Gross debt |  | $ 323,375 |  |
Amount outstanding, net of discount and issuance costs |  | 313,301 | $ 280,408 |
Discount and debt issuance costs |  | 10,074 | $ 3,601 |
New Term Loan Facility |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Gross debt |  | 323,375 |  |
Principal payments calculated as percent of outstanding principal | 0.25% |  |  |
Mandatory prepayment rate as a percentage of excess cash flow | 50.00% |  |  |
Mandatory prepayment rate as a percentage of non-permitted indebtedness | 100.00% |  |  |
Debt issuance costs | $ 6,100 | 5,600 |  |
Unamortized discount | 4,900 | 4,500 |  |
Amount outstanding, net of discount and issuance costs |  | $ 313,300 |  |
Maximum borrowing capacity | $ 325,000 |  |  |
Effective interest rate |  | 7.45% |  |
New Term Loan Facility | SOFR | Minimum |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Basis spread on variable rate | 3.75% |  |  |
New Term Loan Facility | SOFR | Maximum |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Basis spread on variable rate | 4.00% |  |  |
New Term Loan Facility | Base Rate | Minimum |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Basis spread on variable rate | 2.75% |  |  |
New Term Loan Facility | Base Rate | Maximum |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Basis spread on variable rate | 3.00% |  |  |
Revolver |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Maximum borrowing capacity |  |  |  | $ 30,000

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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=123466204&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details
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