v3.25.2
Derivative Instruments (Tables)
 6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of interest rate swap contracts
As of June 30, 2025, the Company had derivative agreements in place to fix interest rates on a portion of the borrowings under its debt facilities with floating interest rates as summarized below:
DerivativesNotional Amount (in millions)Weighted Average
Fixed Leg (Pay) Interest Rate		Weighted Average
Remaining Term
Interest Rate Swap(1)
$1,652.52.41%3.9 years
(1)    Excludes certain interest rate swaps with an effective date in a future period ("forward starting swaps"). Including these instruments will increase total notional amount by $300.0 million and increase the weighted average remaining term to 4.9 years.
Schedule of derivatives instruments and their effect on consolidated statements of operations and consolidated statements of comprehensive income
The following table summarizes the impact of derivative instruments on the Consolidated Statements of Operations and the Consolidated Statements of Comprehensive Income on a pretax basis (in thousands):
  Three Months Ended June 30,Six Months Ended June 30,
Financial statement caption2025202420252024
Non-Designated Derivative Instruments
Unrealized (gains) lossesOther (income) expense, net$— $1 $(2)$47 
Designated Derivative Instruments
Realized (gains) lossesInterest and debt (income) expense$(7,883)$(14,433)$(16,078)$(28,978)
Unrealized (gains) lossesComprehensive (income) loss$9,107 $(14,021)$25,216 $(51,711)