Long-Term Debt - Schedule of Long-Term Debt (Details) - USD ($) $ in Thousands |
3 Months Ended | |
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Mar. 31, 2025 |
Dec. 31, 2024 |
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Debt Instrument [Line Items] | ||
Principal debt | $ 530,750 | $ 532,125 |
Deferred financing costs on long-term debt | (2,851) | (3,069) |
Discount on long-term debt | (1,035) | (1,114) |
Total debt | 526,864 | 527,942 |
Less current maturities | 5,500 | 5,500 |
Long-term portion | 521,364 | 522,442 |
New Term Loan | Term Loan | ||
Debt Instrument [Line Items] | ||
Principal debt | $ 530,750 | 532,125 |
Basis spread | 2.50% | |
Effective interest rate | 6.82492% | |
Principal payment as a percentage of original principal balance | 0.25% | |
New Revolver | Revolving Loans | ||
Debt Instrument [Line Items] | ||
Principal debt | $ 0 | $ 0 |
Basis spread | 3.00% | |
Effective interest rate | 7.43385% |
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- Definition Debt Instrument, Periodic Payment Terms, Percentage Of Original Principal Balance No definition available.
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- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after accumulated amortization, of debt discount. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt classified as current. Excludes lease obligation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt classified as noncurrent. Excludes lease obligation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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