Helios Technologies Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 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)

v3.24.0.1

Credit Facilities (Tables)

12 Months Ended

Dec. 30, 2023

Debt Disclosure [Abstract]

Schedule of Total Long-Term Non-Revolving Debt

Total non-revolving debt consists of the following:


	Maturity Date	December 30, 2023		December 31, 2022
Long-term non-revolving debt:
Term loans with PNC Bank	Oct 2025	$	310.0	$	175.0
Term loans with Citibank	Various		12.1		8.6
Total non-revolving debt			322.1		183.6
Less: current portion of long-term non-revolving debt			23.2		19.0
Less: unamortized debt issuance costs			0.6		0.4
Total long-term non-revolving debt, net		$	298.3	$	164.2

Summary of Information on Revolving Credit Facilities

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


		Balance				Available credit
	Maturity Date	December 30, 2023		December 31, 2022		December 30, 2023		December 31, 2022
Revolving line of credit with PNC Bank	Oct 2025	$	199.8	$	261.3	$	199.5	$	138.1
Revolving line of credit with Citibank	Jun 2026	$	3.5	$	1.6	$	0.6	$	0.7

Summary of Future Maturities of Total Debt

Future maturities of total debt are as follows:


Year:
2024	$	27.0
2025		491.2
2026		7.2
Total	$	525.4

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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

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 470
-Publisher FASB
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