Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

v3.21.2
Long-Term Debt (Tables)
9 Months Ended
Oct. 31, 2021
Long-Term Debt  
Schedule of debt

Debt consisted of the following (in thousands):

    

Successor

  

Predecessor (SLH)

October 31, 2021

January 31, 2021

Term Loan - current portion

$

4,800

$

5,200

Current maturities of long-term debt

$

4,800

$

5,200

Term Loan - long-term portion

475,200

514,800

Less: Fresh-Start Reporting Fair Value Adjustment

 

(4,564)

Less: Original Issue Discount - long-term portion

 

(6,945)

Less: Deferred Financing Costs - long-term portion

 

(5,259)

Long-term debt

$

462,996

$

510,236

Schedule of maturities of long term debt

The Company’s debt outstanding as of October 31, 2021 matures as shown below (in thousands):

Fiscal year ended January 31:

    

  

2022 (remaining 3 months)

$

1,200

2023

 

4,800

2024

4,800

2025

4,800

2026

 

4,800

Thereafter

 

459,600

Total payments

 

480,000

Less: Current portion

 

(4,800)

Less: Unamortized original issue discount and issuance costs

 

(12,204)

Long-term portion

$

462,996