Annual report pursuant to Section 13 and 15(d)

Financial Commitments (Tables)

v3.24.0.1
Financial Commitments (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Long-Term Borrowings

Long-term borrowings were as follows:

 

 

 

As of December 31,

 

(in thousands)

 

2023

 

 

2022

 

HF-T1 Distribution Center Loan

 

$

129,505

 

 

$

129,505

 

HF-T2 Distribution Center Construction Loan

 

 

73,017

 

 

 

72,098

 

China Distribution Center Construction Loan

 

 

 

 

 

41,329

 

China Distribution Center Expansion Construction Loan

 

 

40,330

 

 

 

14,507

 

China Operational Loans

 

 

46,228

 

 

 

54,361

 

Other

 

 

435

 

 

 

7,872

 

Subtotal

 

 

289,515

 

 

 

319,672

 

Less: Current installments

 

 

46,571

 

 

 

103,184

 

Total long-term borrowings

 

$

242,944

 

 

$

216,488

 

Schedule of Future Principal Payments

The following table presents the future principal payments required under the Company’s debt obligations, discussed above:

 

Year (in thousands)

 

Maturities

 

2024

 

$

46,571

 

2025

 

 

202,615

 

2026

 

 

5,133

 

2027

 

 

5,133

 

2028

 

 

5,133

 

Thereafter

 

 

24,930

 

 

 

$

289,515