Quarterly report pursuant to Section 13 or 15(d)

Credit Facilities (Tables)

v3.22.1
Credit Facilities (Tables)
3 Months Ended
Apr. 02, 2022
Debt Disclosure [Abstract]  
Schedule of Total Long-Term Non-Revolving Debt

Total long-term non-revolving debt consists of the following:

 

Maturity Date

 

April 2, 2022

 

 

January 1, 2022

 

Long-term non-revolving debt:

 

 

 

 

 

 

 

Term loan with PNC Bank

Oct 2025

 

$

186,250

 

 

$

190,000

 

Term loans with Citibank

Various

 

 

12,155

 

 

 

12,416

 

Other long-term debt

Various

 

 

52

 

 

 

90

 

Total long-term non-revolving debt

 

 

 

198,457

 

 

 

202,506

 

Less: current portion of long-term non-revolving debt

 

 

 

18,141

 

 

 

18,125

 

Less: unamortized debt issuance costs

 

 

 

452

 

 

 

484

 

Total long-term non-revolving debt, net

 

 

$

179,864

 

 

$

183,897

 

Summary of Information on Revolving Credit Facility

Information on the Company’s revolving credit facilities is as follows:

 

 

 

Balance

 

 

Available Credit

 

 

Maturity Date

 

April 2, 2022

 

 

January 1, 2022

 

 

April 2, 2022

 

 

January 1, 2022

 

Revolving line of credit with PNC Bank

Oct 2025

 

$

238,932

 

 

$

242,312

 

 

$

157,987

 

 

$

157,487

 

Revolving line of credit with Citibank

Jan 2023

 

 

1,154

 

 

 

711

 

 

 

1,363

 

 

 

548

 

Summary of Future Maturities of Total Debt

Future maturities of total debt are as follows:

Year:

 

 

2022 Remaining

$

14,694

 

2023

 

20,028

 

2024

 

24,889

 

2025

 

378,932

 

Total

$

438,543