Annual report pursuant to Section 13 and 15(d)

Financial Commitments (Tables)

v3.22.0.1
Financial Commitments (Tables)
12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Long-Term Borrowings

Long-term borrowings were as follows:

 

 

 

As of December 31,

 

(in thousands)

 

2021

 

 

2020

 

Revolving Credit Facility

 

$

 

 

$

452,500

 

HF-T1 Distribution Center Loan

 

 

129,505

 

 

 

129,505

 

HF-T2 Distribution Center Construction Loan

 

 

57,227

 

 

 

22,169

 

China Distribution Center Construction Loan

 

 

75,621

 

 

 

77,501

 

China Operational Loans

 

 

69,796

 

 

 

48,743

 

Other

 

 

8,263

 

 

 

1,247

 

Subtotal

 

 

340,412

 

 

 

731,665

 

Less: Current installments

 

 

76,967

 

 

 

52,250

 

Total long-term borrowings

 

$

263,445

 

 

$

679,415

 

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

 

2022

 

$

76,967

 

2023

 

 

47,375

 

2024

 

 

15,000

 

2025

 

 

201,070

 

 

 

$

340,412