SUBSEQUENT EVENTS |
6 Months Ended |
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Jun. 30, 2025 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | SUBSEQUENT EVENTS On July 4, 2025, the U.S. government enacted The One Big Beautiful Bill Act of 2025 which includes, among other provisions, changes to the U.S. corporate income tax system such as permanent extensions of certain expiring provisions of the Tax Cuts and Jobs Act and restoration of favorable tax treatment for certain business provisions. Certain provisions are effective for us beginning in 2025. We are currently assessing its impact on our consolidated financial statements. On July 9, 2025, we entered into an 18-month interest rate swap with a notional value of $100 million and a fixed rate of 3.85%. The interest rate swap expires on January 14, 2027. On July 15, 2025, we entered into a 1-year interest rate swap with a notional value of $100 million and a fixed rate of 4.047%. The interest rate swap expires on July 14, 2026. Subsequent to June 30, 2025 and up to July 25, we repurchase approximately 0.3 million shares of our common stock under the ROFR Agreement at a total cost of approximately $25.3 million.
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