| Schedule of long-term credit facilities |
The Company’s long-term credit facilities consist of:
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|
|
|
|
|
|
|
|
October 29, 2022 |
|
January 29, 2022 |
Revolving Loan due July 31, 2024, principal amount |
|
$ |
63,786 |
|
$ |
60,216 |
8.5% Senior Unsecured Notes, due 2026, principal amount |
|
|
80,000 |
|
|
80,000 |
Real Estate Financing term loan due July 31, 2024, principal amount |
|
|
28,500 |
|
|
28,500 |
Seller notes: |
|
|
|
|
|
|
Seller note due in annual installments, maturing in November 2023, principal amount |
|
|
17,939 |
|
|
20,062 |
Seller note due in quarterly installments, maturing in December 2023, principal amount |
|
|
5,000 |
|
|
8,000 |
Total seller notes |
|
|
22,939 |
|
|
28,062 |
Convertible Debt |
|
|
3,100 |
|
|
— |
Total debt |
|
|
198,325 |
|
|
196,778 |
Less: unamortized debt issuance costs and debt discount |
|
|
(6,513) |
|
|
(7,607) |
Plus: unamortized debt premium |
|
|
1,197 |
|
|
1,292 |
Total carrying amount of debt |
|
|
193,009 |
|
|
190,463 |
Less: current portion of long-term debt |
|
|
(98,209) |
|
|
(14,031) |
Long-term debt, net |
|
$ |
94,800 |
|
$ |
176,432 |
|
| Schedule of maturities of borrowings |
The aggregate maturities of borrowings outstanding under the Company’s long-term debt obligations as of October 29, 2022 were as follows:
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Seller |
|
Real Estate |
|
|
|
8.5% Senior |
|
|
Convertible |
|
|
|
Fiscal year |
|
Notes |
|
Financing |
|
Revolving Loan |
|
Unsecured Notes |
|
|
Debt |
|
Total |
2022 |
|
$ |
1,000 |
|
$ |
28,500 |
|
$ |
63,786 |
|
$ |
— |
|
$ |
3,100 |
|
$ |
96,386 |
2023 |
|
|
13,025 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
13,025 |
2024 |
|
|
8,914 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
8,914 |
2025 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
2026 |
|
|
— |
|
|
— |
|
|
— |
|
|
80,000 |
|
|
— |
|
|
80,000 |
Total amount due |
|
$ |
22,939 |
|
$ |
28,500 |
|
$ |
63,786 |
|
$ |
80,000 |
|
$ |
3,100 |
|
$ |
198,325 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Less: unamortized debt issuance costs and debt discount |
|
|
— |
|
|
(1,176) |
|
|
— |
|
|
(4,974) |
|
|
(363) |
|
|
(6,513) |
Plus: unamortized debt premium |
|
|
1,197 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
1,197 |
Total carrying amount of debt |
|
$ |
24,136 |
|
$ |
27,324 |
|
$ |
63,786 |
|
$ |
75,026 |
|
$ |
2,737 |
|
$ |
193,009 |
|