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DEBT (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Line of Credit Facilities | As of December 31, 2023 and 2022, the total availability under the ABL Agreement were as follows (in thousands):
|  | December 31, 2023 |  | December 31, 2022
Maximum aggregate principal allowed |  | $ | 181,919 |  |  | $ | 189,411 |
Outstanding borrowings under the ABL Agreement |  | (60,395) |  |  | (10,424) |
Standby letters of credit |  | (2,894) |  |  | (2,765) |
Total availability under the ABL Agreement |  | $ | 118,630 |  |  | $ | 176,222 |
Schedule of Long-term Debt Instruments | The current and non-current portions of the Company’s Term Loan facility included in the consolidated balance sheets are presented as follows (in thousands):
|  | December 31, 2023 |  | December 31, 2022
Current portion of Term Loan facility: |  |  |  |
Term Loan facility payment |  | $ | 7,500 |  |  | $ | — |
Estimated unamortized debt issuance costs |  | (2,758) |  |  | — |
Total Current portion of Term Loan facility |  | $ | 4,742 |  |  | $ | — |
Non-current portion of Term Loan facility: |  |  |  |
Term Loan facility, net of current portion |  | $ | 142,500 |  |  | $ | 245,911 |
Estimated unamortized debt issuance costs |  | (6,666) |  |  | (3,054) |
Total Non-current portion of Term Loan facility |  | $ | 135,834 |  |  | $ | 242,857 |
As of December 31, 2023, there is no Excess Cash Flow Payment due for 2024.
Schedule of Future Principle Payments of Term Loan | As of December 31, 2023, the future principal payments of the Term Loan are as follows (in thousands):
2024 | $ | 7,500 |
2025 | 7,500 |
2026 | 7,500 |
2027 | 127,500 |
Total | $ | 150,000 |

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