v3.25.2
Long-Term Debt (Tables)
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
The Company’s long-term debt consisted of the following as of June 30, 2025 and December 31, 2024 (dollars in thousands):
June 30, 2025December 31, 2024
Term Loan due 2026$1,203 $1,203 
       Less: current portion of Term Loan due 2026(1,203)— 
Senior Notes due 202622,697 22,697 
Term Loan due 2029 (1)
325,073 326,514 
Senior Notes due 2029 (2)
319,730 321,181 
2020 Revolving Credit Facility55,000 — 
Less: Total unamortized debt issuance costs(2,290)(2,554)
Long-term debt, net$720,210 $669,041 
Schedule of Future Maturities of Long-Term Debt
Future maturities of the Company's long-term debt obligations as of June 30, 2025 are as follows (dollars in thousands):
2025$— 
202623,900 
2027— 
2028— 
2029 (1) (2)
673,217 
Thereafter — 
Total$697,117 
(1) As a result of the Exchange Offer (as defined below), $328.3 million of principal was exchanged for $311.8 million of principal resulting in a difference of $16.5 million which will be amortized to interest expense (thereby reducing interest expense) over the life of the debt. As of June 30, 2025, $13.2 million of the difference is unamortized.
(2) As a result of the Exchange Offer, $323.0 million of principal was exchanged for $306.4 million of principal resulting in a difference of $16.6 million which will be amortized to interest expense (thereby reducing interest expense) over the life of the debt. As of June 30, 2025, $13.4 million of the difference is unamortized.