Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.24.2.u1
Debt (Tables)
 6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Long-term debt consisted of the following (in thousands):
June 30, December 31,
2024 2023
Bank credit facility - term loan $ 292,500  $ 300,000 
Bank credit facility - revolving facility 174,000  133,000 
Principal amount of long-term debt 466,500  433,000 
Less: debt issuance costs
 (2,992) (3,656)
Total long-term debt 463,508  429,344 
Less: current portion
 (30,000) (22,500)
Long-term debt, less current portion $ 433,508  $ 406,844 
Schedule of Term Loan Payments
Future required term loan and revolving facility payments as of June 30, 2024 are as follows (in thousands):

Year Ending Term Loan Revolving Facility Total
Remainder of 2024 $ 15,000  $ —  $ 15,000 
2025 30,000  —  30,000 
2026 247,500  174,000  421,500 
     Total $ 292,500  $ 174,000  $ 466,500