Annual report pursuant to Section 13 and 15(d)

Debt (Tables)

v3.24.0.1
Debt (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Debt
The components of debt were as follows:
December 31,
2023 2022
(in thousands)
Second Amended First Lien Term Loan Facility $ 750,000  $ 699,513 
Second Amended Revolving Credit Facility —  — 
Total debt 750,000  699,513 
Less: Unamortized original issue discount (11,538) (1,464)
Less: Unamortized debt issuance costs (4,195) (6,493)
Less: Current portion of long-term debt (7,500) (8,350)
Long-term debt, less current portion $ 726,767  $ 683,206 
Schedule of Amortization of Debt Discount and Debt Issuance
Amortization of debt discount and debt issuance costs related to the Second Amended First Lien Term Loan Facility are included in interest expense in the consolidated statements of operations and were as follows:
Year Ended December 31,
2023 2022 2021
(in thousands)
Debt discount amortization $ 723  $ 529  $ 571 
Debt issuance costs amortization 1,906  2,344  2,588 
Total debt discount and issuance costs $ 2,629  $ 2,873  $ 3,159 
Schedule of Maturities of Outstanding Debt
The maturities of the Company’s outstanding debt were as follows:
Year Ended December 31,
(in thousands)
2024 $ 7,500 
2025 7,500 
2026 7,500 
2027 7,500 
2028 7,500 
Thereafter 712,500 
Total
$ 750,000 
Schedule of Fair Value
December 31, 2023 December 31, 2022
Carrying Value Fair Value Carrying Value Fair Value
(in thousands)
Second Amended First Lien Term Loan Facility $ 738,462  $ 737,539  $ 698,049  $ 673,617 
Second Amended Revolving Credit Facility —  —  —  — 
Total debt $ 738,462  $ 737,539  $ 698,049  $ 673,617