Forward Air Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Indebtedness (Tables)

Indebtedness (Tables)

12 Months Ended

Dec. 31, 2021

Long-term debt consisted of the following as of December 31, 2021 and 2020:


	December 31, 2021		December 31, 2020
Credit facility, expires 2026	$	157,500	$	112,500
Debt issuance costs	(534)		(102)
	156,966		112,398

Less: Current portion of long-term debt	(1,500)		—
Total long-term debt, less current portion	$	155,466	$	112,398

Schedule of Maturities of Long-term Debt

As of December 31, 2021, the aggregate scheduled maturities of long-term debt, excluding the current portion of long-term debt are as follows:


2023	$	1,384
2024	3,634
2025	3,634
2026	146,814
	$	155,466

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details