Cadre Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

DEBT (Tables)

DEBT (Tables)

9 Months Ended

Sep. 30, 2021

The Company’s debt is as follows:


	September 30, 2021		December 31, 2020
Short-term debt:
Insurance premium financing	$	2,883	$	1,225
Current portion of term loan		10,000		2,251
Current portion of other		21		20
	$	12,904	$	3,496
Long-term debt:
Revolver		25,500		—
Term loan		190,000		222,187
Other		113		128
	$	215,613	$	222,315
Unamortized debt discount and debt issuance costs		(2,667)		(13,005)
Total long-term debt, net	$	212,946	$	209,310

Summary of aggregate principal payments of long-term debt

The following summarizes the aggregate principal payments of our long-term debt, excluding debt discount and debt issuance costs, for the remaining three months of 2021, the next four years and thereafter:


Remainder of 2021	$	2,505
2022		10,021
2023		10,022
2024		10,022
2025		10,023
Thereafter		183,041
Total principal payments	$	225,634

Schedule of Interest rate swaps


Effective date	Notional amount		Fixed rate
September 30, 2021 through July 23, 2026	$	100,000	0.875	%

Schedule of fair value swap agreement

The estimated fair value of our Swap Agreement in the consolidated balance sheets was as follows:


Balance sheet account	September 30, 2021		December 31, 2020
Other assets	$	829	$	—
Accrued liabilities	$	709	$	—