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)

v3.22.2.2

Credit Facilities (Tables)

9 Months Ended

Oct. 01, 2022

Debt Disclosure [Abstract]

Schedule of Total Long-Term Non-Revolving Debt

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


	Maturity Date	October 1, 2022		January 1, 2022
Long-term non-revolving debt:
Term loan with PNC Bank	Oct 2025	$	178,750	$	190,000
Term loans with Citibank	Various		9,859		12,416
Other long-term debt	Various		9		90
Total long-term non-revolving debt			188,618		202,506
Less: current portion of long-term non-revolving debt			18,897		18,125
Less: unamortized debt issuance costs			389		484
Total long-term non-revolving debt, net		$	169,332	$	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	October 1, 2022		January 1, 2022		October 1, 2022		January 1, 2022
Revolving line of credit with PNC Bank	Oct 2025	$	267,693	$	242,312	$	130,788	$	157,487
Revolving line of credit with Citibank	May 2023		1,593		711		658		548

Summary of Future Maturities of Total Debt

Future maturities of total debt are as follows:


Year:
2022 Remaining	$	5,395
2023		20,531
2024		24,285
2025		407,693
Total	$	457,904

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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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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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