Annual report pursuant to Section 13 and 15(d)

Financial Commitments (Tables)

v3.22.4
Financial Commitments (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Long-Term Borrowings

Long-term borrowings were as follows:

 

 

 

As of December 31,

 

(in thousands)

 

 

2022

 

 

 

2021

 

HF-T1 Distribution Center Loan

 

$

129,505

 

 

$

129,505

 

HF-T2 Distribution Center Construction Loan

 

 

72,098

 

 

 

57,227

 

China Distribution Center Construction Loan

 

 

41,329

 

 

 

75,621

 

China Distribution Center Expansion Construction Loan

 

 

14,507

 

 

 

 

China Operational Loans

 

 

54,361

 

 

 

69,796

 

Other

 

 

7,872

 

 

 

8,263

 

Subtotal

 

 

319,672

 

 

 

340,412

 

Less: Current installments

 

 

103,184

 

 

 

76,967

 

Total long-term borrowings

 

$

216,488

 

 

$

263,445

 

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

 

2023

 

$

103,184

 

2024

 

 

 

2025

 

 

201,981

 

2026

 

 

1,846

 

2027

 

 

1,846

 

Thereafter

 

 

10,815

 

 

 

$

319,672