Quarterly report pursuant to Section 13 or 15(d)

LONG-TERM DEBT (Tables)

v3.20.2
LONG-TERM DEBT (Tables)
6 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Schedule of debt
The Company’s long-term debt consisted of the following (in thousands):
  September 30, 2020 March 31, 2020
Senior Secured Term Loan $ 185,208  $ 165,208 
Amended PNC Credit Facility —  2,620 
Paycheck Protection Program Loan 10,000  — 
Less: current portion (1,388) (7,321)
Less: unamortized debt issuance costs (1)
(22,810) (13,660)
Long-term debt, net $ 171,010  $ 146,847 
(1) The unamortized debt issuance costs related to the Senior Secured Term Loan are presented as a reduction of the carrying amount of the corresponding debt balance on the accompanying condensed consolidated balance sheets. Unamortized debt issuance costs related to the Amended PNC Credit Facility are presented within other assets on the accompanying condensed consolidated balance sheets.