Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.22.2
Debt (Tables)
3 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of long-term debt
Long-term debt consisted of the following:
  June 30, 2022 March 31, 2022
Variable Rate Term Loan A due September 2026 net of deferred debt issuance costs of $588 and $640 as of June 30, 2022 and March 31, 2022, respectively $ 121,249  $ 128,360 
Less current portion (8,695) (7,929)
 Total long-term debt $ 112,554  $ 120,431 
Long-term debt, stated percentage of facilities
Each of the Facilities terminates on September 29, 2026. Commencing January 1, 2022, each of the Term Loans will amortize as set forth in the table below, with payments on the first day of each January, April, July and October, with the balance of each Term Loan Facility due at maturity.
Installment Dates Original Principal Amount
January 1, 2022 through October 1, 2022 1.25  %
January 1, 2023 through October 1, 2024 1.88  %
January 1, 2025 through July 1, 2026 2.50  %