Quarterly report [Sections 13 or 15(d)]

Debt (Tables)

v3.26.1
Debt (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Long-term debt consisted of the following (in thousands):
June 30, December 31,
2026 2025
Bank credit facility - term loan $ 900,000  $ 296,250 
Amortizing notes 66,668  — 
Principal amount of long-term debt 966,668  296,250 
Less: unamortized debt issuance costs (19,711) (3,446)
Total debt, net of debt issuance costs 946,957  292,804 
Less: current portion
 (32,004) (7,500)
Total long-term debt, net of current portion $ 914,953  $ 285,304 
Schedule of Term Loan Payments
Future required payments of outstanding debt as of June 30, 2026 are as follows (in thousands):
Year Ending Term Loan Amortizing Notes Total
Remainder of 2026 $ 4,500  $ 11,333  $ 15,833 
2027 9,000  23,691  32,691 
2028 9,000  25,128  34,128 
2029 9,000  6,516  15,516 
2030 9,000  —  9,000 
2031 9,000  —  9,000 
Thereafter 850,500  —  850,500 
     Total $ 900,000  $ 66,668  $ 966,668