Debt (Tables)

6 Months Ended

Jun. 30, 2025

The following table summarizes information relating to our outstanding debt as of June 30, 2025 and December 31, 2024:


	As of June 30, 2025				As of December 31, 2024
	Amount Outstanding		Effective Rate		Amount Outstanding		Effective Rate

	(in thousands, except interest rates)
Term loan facility	$	336,875	7.34	%	$	338,625	7.53	%
Revolving credit facility	—		—	%	—		—	%
Total principal amount	336,875				338,625
Unamortized discount and debt issuance costs	(4,736)				(5,519)
Total debt, net	332,139				333,106
Less: Current debt obligation	(3,500)				(3,500)
Long-term debt, net of current portion	$	328,639			$	329,606

Schedule of maturities of long-term debt

The following table summarizes the remaining future minimum principal payments under the Credit Agreement as of June 30, 2025:



	(in thousands)

2025	$	1,750
2026	3,500
2027	3,500
2028	328,125

Total minimum principal payments	$	336,875

- 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.

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+ Details