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LONG-TERM DEBT | 6 Months Ended
--- | ---
Jun. 30, 2024
LONG-TERM DEBT |
LONG-TERM DEBT | NOTE 8. LONG-TERM DEBT Long-term debt as of June 30, 2024 and December 31, 2023, was as follows: ​
​ | ​ | ​ | ​ | ​ | ​
​ | June 30, 2024 |  | December 31, 2023
​ | ​ | ​ | ​ | ​ | ​
Revolving credit facility (a) | $ | - | ​ | $ | 10,375
Other debt (b) | ​ | - | ​ | ​ | 40
Term loan (c) | ​ | - | ​ | ​ | 109,375
​ | ​ | - | ​ | ​ | 119,790
Less current portion | ​ | - | ​ | ​ | (119,790)
​ | $ | - | ​ | $ | -
​
| (a) | On February 29, 2024, upon the closing of the disposition of the Precision Sport segment, the Company terminated and paid off amounts outstanding under the revolving credit facility in full. The Company paid interest monthly on any borrowings on the Restated Credit Agreement. As of December 31, 2023, the interest rates ranged between approximately 7.7% and 9.8%.
| (b) | Foreign subsidiaries of the Company had term debt with financial institutions, which was repaid as of June 30, 2024. The foreign subsidiaries paid interest monthly on any borrowings on the credit facility as well as monthly
|  | payments on the term debt. As of December 31, 2023, the interest rate was approximately 3.2%. The term debt was secured by certain assets of the foreign subsidiaries.
| (c) | On February 29, 2024, upon the closing of the disposition of the Precision Sport segment, the Company terminated and paid off amounts outstanding under the term loan in full. The Company paid interest monthly on any borrowings on the Restated Credit Agreement. As of December 31, 2023, the rate was approximately 7.7%.

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 470 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//470/tableOfContent + Details
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