Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.24.3
Debt (Tables)
 9 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Long-term debt consisted of the following (in thousands):
September 30, December 31,
2024 2023
Bank credit facility - term loan $ 285,000  $ 300,000 
Bank credit facility - revolving facility 168,000  133,000 
Principal amount of long-term debt 453,000  433,000 
Less: debt issuance costs
 (2,659) (3,656)
Total debt
 450,341  429,344 
Less: current portion
 (30,000) (22,500)
Long-term debt, less current portion $ 420,341  $ 406,844 
Schedule of Term Loan Payments
Future required term loan and revolving facility payments as of September 30, 2024 are as follows (in thousands):

Year Ending Term Loan Revolving Facility Total
Remainder of 2024 $ 7,500  $ —  $ 7,500 
2025 30,000  —  30,000 
2026 247,500  168,000  415,500 
     Total $ 285,000  $ 168,000  $ 453,000