Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2025

Long-term debt consists of the following:


	March 31, 2025			December 31, 2024
Term loan	$	288,188		$	290,000
Less: Current portion of long-term debt		(9,063	)		(7,250	)
Less: Unamortized discount and debt issue costs (1)		(2,803	)		(2,960	)
Total Long-Term Debt, Net of Current Portion and Unamortized Discount and Debt Issue Costs	$	276,322		$	279,790

(1)

The unamortized debt issue costs related to long-term debt are presented as a reduction of the carrying amount of the corresponding liabilities on the unaudited consolidated balance sheets. Unamortized debt issue costs related to revolving loans are presented within other noncurrent assets on the unaudited consolidated balance sheets.

Summary of Interest Expense

Interest expense, net consists of the following:


	Three Months Ended March 31,
	2025		2024
Interest expense, net	$	3,073	$	5,903

Summary of Maturities of Long-term Debt

Future principal payments on long-term debt as of March 31, 2025 are as follows:


Year Ended December 31,	Amount
Remainder of 2025	$	5,438
2026		14,500
2027		14,500
2028		21,750
2029		232,000
Total	$	288,188

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details