Helios Technologies Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Credit Facilities (Tables)

v3.22.1

Credit Facilities (Tables)

3 Months Ended

Apr. 02, 2022

Debt Disclosure [Abstract]

Schedule of Total Long-Term Non-Revolving Debt

Total long-term non-revolving debt consists of the following:


	Maturity Date	April 2, 2022		January 1, 2022
Long-term non-revolving debt:
Term loan with PNC Bank	Oct 2025	$	186,250	$	190,000
Term loans with Citibank	Various		12,155		12,416
Other long-term debt	Various		52		90
Total long-term non-revolving debt			198,457		202,506
Less: current portion of long-term non-revolving debt			18,141		18,125
Less: unamortized debt issuance costs			452		484
Total long-term non-revolving debt, net		$	179,864	$	183,897

Summary of Information on Revolving Credit Facility

Information on the Company’s revolving credit facilities is as follows:


		Balance				Available Credit
	Maturity Date	April 2, 2022		January 1, 2022		April 2, 2022		January 1, 2022
Revolving line of credit with PNC Bank	Oct 2025	$	238,932	$	242,312	$	157,987	$	157,487
Revolving line of credit with Citibank	Jan 2023		1,154		711		1,363		548

Summary of Future Maturities of Total Debt

Future maturities of total debt are as follows:


Year:
2022 Remaining	$	14,694
2023		20,028
2024		24,889
2025		378,932
Total	$	438,543

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Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
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Tabular disclosure of maturity and sinking fund requirement for long-term debt.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
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