Quarterly report [Sections 13 or 15(d)]

Debt (Tables)

v3.25.2
Debt (Tables)
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Long-term debt consisted of the following (in thousands):
June 30, December 31,
2025 2024
Bank credit facility - term loan $ 300,000  $ 277,500 
Bank credit facility - revolving facility 83,000  155,000 
Principal amount of long-term debt 383,000  432,500 
Less: debt issuance costs
 (3,844) (2,327)
Total debt
 379,156  430,173 
Less: current portion
 (7,500) (30,000)
Long-term debt, less current portion $ 371,656  $ 400,173 
Schedule of Term Loan Payments
Future required term loan and revolving facility payments as of June 30, 2025 are as follows (in thousands):
Year Ending Term Loan Revolving Facility Total
Remainder of 2025 $ 3,750  $ —  $ 3,750 
2026 7,500  —  7,500 
2027 11,250  —  11,250 
2028 20,625  —  20,625 
2029 22,500  —  22,500 
2030 234,375  83,000  317,375 
     Total $ 300,000  $ 83,000  $ 383,000