VSE Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Nature of Operations and Basis of Presentation (Policies)
Notes Tables
Notes Details

Debt - Narrative (Details)

v3.22.2.2

Debt - Narrative (Details)			3 Months Ended		9 Months Ended
Debt - Narrative (Details)	Oct. 07, 2022 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Debt Instrument [Line Items]
Interest expense			$ 4,600,000	$ 2,700,000	$ 11,700,000	$ 7,900,000
2022		$ 3,750,000	3,750,000		3,750,000
2023		15,000,000	15,000,000		15,000,000
2024		280,480,000	280,480,000		280,480,000
Revolver Loan
Debt Instrument [Line Items]
Letters of credit outstanding		1,200,000	1,200,000		1,200,000		$ 1,000,000
2022		0	0		0
2023		0	0		0
2024		$ 250,305,000	$ 250,305,000		$ 250,305,000
Line of Credit
Debt Instrument [Line Items]
Effective interest rate		6.42%	6.42%		6.42%
Line of Credit \| Secured Debt \| Bank Credit Facility
Debt Instrument [Line Items]
Quarterly amortization payments		$ 3,750,000
Debt to EBITDA ratio		4.25	4.25		4.25
Line of Credit \| Subsequent Event \| Secured Debt \| Bank Credit Facility
Debt Instrument [Line Items]
Principal amount	$ 100,000,000
Quarterly amortization payments	$ 2,500,000
Debt to EBITDA ratio	4.50
2022	$ 2,500,000
2023	10,000,000
2024	10,000,000
2025	$ 77,500,000
Line of Credit \| Minimum
Debt Instrument [Line Items]
Interest rate range		6.13%	6.13%		6.13%
Line of Credit \| Maximum
Debt Instrument [Line Items]
Interest rate range		8.50%	8.50%		8.50%
Line of Credit \| LIBOR
Debt Instrument [Line Items]
Base margin					2.25%
Line of Credit \| Base Rate
Debt Instrument [Line Items]
Base margin					6.25%
Line of Credit \| Secured Overnight Financing Rate (SOFR) \| Subsequent Event \| Secured Debt \| Bank Credit Facility
Debt Instrument [Line Items]
Base margin	0.00%
Term Loan
Debt Instrument [Line Items]
2022		$ 3,750,000	$ 3,750,000		$ 3,750,000
2023		15,000,000	15,000,000		15,000,000
2024		$ 30,175,000	$ 30,175,000		$ 30,175,000

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