XML 91 R76.htm IDEA: XBRL DOCUMENT v3.24.4
TERM LOANS AND REVOLVING CREDIT FACILITY - Part 1 (Details) - USD ($)
3 Months Ended 6 Months Ended 15 Months Ended 24 Months Ended 27 Months Ended
Aug. 24, 2026
Nov. 07, 2024
Oct. 24, 2024
Aug. 14, 2024
Oct. 06, 2023
Aug. 21, 2023
Oct. 18, 2022
Sep. 23, 2022
Aug. 16, 2022
Dec. 31, 2024
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2025
Jun. 30, 2026
Jun. 30, 2027
Oct. 13, 2024
Dec. 31, 2023
Mar. 31, 2023
Jan. 12, 2023
Nov. 10, 2022
Sep. 09, 2022
Debt Instrument [Line Items]                                              
Interest expense                     $ 42,687,000 $ 47,332,000 $ 87,551,000 $ 94,893,000                  
Lingo Credit Agreement | Line of Credit                                              
Debt Instrument [Line Items]                                              
Interest expense                     1,413,000 1,626,000 2,885,000 3,187,000                  
Amortization of deferred debt issuance costs                     72,000 74,000 142,000 149,000                  
Secured Debt | Line of Credit                                              
Debt Instrument [Line Items]                                              
Senior notes payable                                             $ 52,500,000
Secured Debt | Targus Credit Agreement | Line of Credit                                              
Debt Instrument [Line Items]                                              
Debt instrument, term             5 years                                
Principal amount             $ 28,000,000                                
Debt instrument, collateral amount                     216,918,000   216,918,000                    
Outstanding balance                     13,035,000   13,035,000           $ 17,834,000        
Debt issuance costs, gross                     $ 265,000   $ 265,000           $ 366,000        
Interest rate                     11.18%   11.18%           10.20%        
Secured Debt | Targus Credit Agreement | Line of Credit | Forecast                                              
Debt Instrument [Line Items]                                              
Quarterly installments for term loan                             $ 2,100,000                
Secured Debt | Targus Credit Agreement | Line of Credit | Secured Overnight Financing Rate (SOFR)                                              
Debt Instrument [Line Items]                                              
Debt instrument, basis spread on variable rate             5.75%                                
Secured Debt | Targus Credit Agreement | Line of Credit | Subsequent Event                                              
Debt Instrument [Line Items]                                              
Contributions to cure a financial covenant breach       $ 1,602,000                                      
Debt instrument, repaid, revolver loan advances amount   $ 2,100,000                                          
Repayments of long-term debt   $ 7,500,000                                          
Secured Debt | Term Loan | Line of Credit                                              
Debt Instrument [Line Items]                                              
Debt instrument, term               5 years                              
Principal amount               $ 148,200,000                       $ 49,890,000 $ 78,296,000    
Interest expense                       5,877,000   12,307,000                  
Amortization of deferred debt issuance costs                       1,796,000   3,540,000                  
Secured Debt | Term Loan | Line of Credit | Secured Overnight Financing Rate (SOFR)                                              
Debt Instrument [Line Items]                                              
Debt instrument, basis spread on variable rate               6.50%                              
Secured Debt | Lingo Credit Agreement | Line of Credit                                              
Debt Instrument [Line Items]                                              
Debt instrument, term                 5 years                            
Principal amount                                           $ 20,500,000 $ 7,500,000
Debt instrument, collateral amount                     $ 238,461,000   $ 238,461,000                    
Outstanding balance                     57,776,000   57,776,000           $ 63,153,000        
Debt issuance costs, gross                     $ 623,000   $ 623,000           $ 722,000        
Senior notes payable                 $ 45,000,000                         $ 73,000,000  
Interest rate at period end                     8.70%   8.70%           8.70%        
Secured Debt | Lingo Credit Agreement | Line of Credit | Forecast                                              
Debt Instrument [Line Items]                                              
Quarterly installments for term loan                   $ 2,738,000             $ 3,650,000            
Secured Debt | Lingo Credit Agreement | Line of Credit | Secured Overnight Financing Rate (SOFR) | Minimum                                              
Debt Instrument [Line Items]                                              
Debt instrument, basis spread on variable rate                 3.00%                            
Secured Debt | Lingo Credit Agreement | Line of Credit | Secured Overnight Financing Rate (SOFR) | Maximum                                              
Debt Instrument [Line Items]                                              
Debt instrument, basis spread on variable rate                 3.75%                            
Secured Debt | Bebe Credit Agreement | Line of Credit                                              
Debt Instrument [Line Items]                                              
Principal amount         $ 25,000,000                                    
Debt instrument, collateral amount                     $ 129,801,000   $ 129,801,000                    
Outstanding balance                     21,987,000   21,987,000           $ 22,487,000        
Debt issuance costs, gross                     $ 513,000   $ 513,000           $ 638,000        
Interest rate                     11.11%   11.11%           11.14%        
Secured Debt | Bebe Credit Agreement | Line of Credit | Forecast                                              
Debt Instrument [Line Items]                                              
Quarterly installments for term loan                               $ 313,000              
Outstanding notes payable $ 20,000,000                                            
Revolving Credit Facility | Secured Overnight Financing Rate (SOFR)                                              
Debt Instrument [Line Items]                                              
Debt instrument, basis spread on variable rate           6.00%                                  
Revolving Credit Facility | Line of Credit | Subsequent Event                                              
Debt Instrument [Line Items]                                              
Borrowing capacity credit facility                                   $ 25,000,000          
Revolving Credit Facility | Targus Credit Agreement                                              
Debt Instrument [Line Items]                                              
Debt instrument, term             5 years                                
Borrowing capacity credit facility             $ 85,000,000                                
Revolving Credit Facility | Targus Credit Agreement | Line of Credit                                              
Debt Instrument [Line Items]                                              
Outstanding balance                     $ 19,809,000   $ 19,809,000           $ 43,801,000        
Interest expense                     1,086,000 2,068,000 2,446,000 3,757,000                  
Amortization of deferred debt issuance costs                     187,000 151,000 371,000 305,000                  
Amount of unused commitment fees                     $ 26,000 $ 20,000 $ 53,000 $ 39,000                  
Debt, weighted average interest rate                     10.21%   10.21%           8.53%        
Revolving Credit Facility | Targus Credit Agreement | Line of Credit | Minimum                                              
Debt Instrument [Line Items]                                              
Interest rate                     9.19%   9.19%           8.45%        
Revolving Credit Facility | Targus Credit Agreement | Line of Credit | Maximum                                              
Debt Instrument [Line Items]                                              
Interest rate                     11.50%   11.50%           11.25%        
Revolving Credit Facility | Targus Credit Agreement | Line of Credit | Secured Overnight Financing Rate (SOFR) | Minimum                                              
Debt Instrument [Line Items]                                              
Debt instrument, basis spread on variable rate             4.00%                                
Revolving Credit Facility | Targus Credit Agreement | Line of Credit | Base Rate | Minimum                                              
Debt Instrument [Line Items]                                              
Debt instrument, basis spread on variable rate             3.00%                                
Revolving Credit Facility | Bebe Credit Agreement                                              
Debt Instrument [Line Items]                                              
Debt instrument, term         5 years                                    
Revolving Credit Facility | Bebe Credit Agreement | Line of Credit                                              
Debt Instrument [Line Items]                                              
Interest expense                     $ 699,000   $ 1,412,000                    
Amortization of deferred debt issuance costs                     $ 60,000   $ 125,000                    
Revolving Credit Facility | Bebe Credit Agreement | Line of Credit | Secured Overnight Financing Rate (SOFR) | Minimum                                              
Debt Instrument [Line Items]                                              
Debt instrument, basis spread on variable rate         5.50%                                    
Revolving Credit Facility | Bebe Credit Agreement | Line of Credit | Secured Overnight Financing Rate (SOFR) | Maximum                                              
Debt Instrument [Line Items]                                              
Debt instrument, basis spread on variable rate         6.00%                                    
Revolving Credit Facility | Bebe Credit Agreement | Line of Credit | Subsequent Event                                              
Debt Instrument [Line Items]                                              
Repayment of loan with equity securities     $ 22,188,000                                        
Repayments of debt expense     $ 224,000