v3.25.2
Debt (Details)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended 30 Months Ended 34 Months Ended 43 Months Ended
Dec. 03, 2024
USD ($)
Jun. 01, 2021
USD ($)
Jun. 30, 2025
USD ($)
Mar. 31, 2026
Dec. 31, 2028
USD ($)
Dec. 31, 2027
USD ($)
Feb. 01, 2029
Feb. 01, 2029
USD ($)
Dec. 31, 2024
USD ($)
Mar. 13, 2024
USD ($)
Dec. 31, 2022
USD ($)
Debt instruments [Line Items]                      
Total principal amount     $ 1,487,667           $ 1,521,917    
Less: unamortized discount and debt issuance costs     (17,019)           (18,766)    
Total debt, net of discount and debt issuance costs     1,470,648           1,503,151    
Less: current portion of long-term debt, net of debt issuance costs     (37,189)           (37,130)    
Long-term debt     1,433,459           1,466,021    
Maturities of long-term debt                      
Remainder of 2025     18,750                
2026     37,500                
2027     117,500                
2028     50,000                
2029     1,263,917                
Senior, secured revolving credit facility [Member]                      
Debt instruments [Line Items]                      
Total principal amount     2,500           18,000    
Net available for borrowing as of June 30, 2025     390,102                
Credit Facility                      
Maximum borrowing capacity $ 400,000   400,000                
Senior, secured term loan facility [Member]                      
Debt instruments [Line Items]                      
Total principal amount     480,167           $ 500,000    
Credit Facility                      
Maximum borrowing capacity 500,000                    
Senior, secured term loan facility [Member] | Forecast [Member]                      
Credit Facility                      
Repayment amount due each quarter         $ 12,500 $ 9,375          
Swingline sub-facility [Member]                      
Credit Facility                      
Maximum borrowing capacity 40,000                    
Letter of credit sub-facility [Member]                      
Debt instruments [Line Items]                      
Outstanding letters of credit [1]     $ (7,398)                
Credit Facility                      
Maximum borrowing capacity 25,000                    
Credit facility agreement [Member]                      
Credit Facility                      
Maximum borrowing capacity 900,000                    
Weighted-average interest rate at period end     6.92%           7.23%    
Maximum consolidated total leverage ratio     4.25                
Maximum consolidated secured leverage ratio     3.50                
Debt covenant compliance     As of June 30, 2025, we were in compliance with all debt covenants                
Credit facility agreement [Member] | Forecast [Member]                      
Debt instruments [Line Items]                      
Annual permitted payments               $ 60,000      
Credit Facility                      
Unrestricted cash and cash equivalents minimum used to compute total leverage ratios               15,000      
Unrestricted cash and cash equivalents minimum used to compute secured leverage ratios               $ 15,000      
Maximum consolidated total leverage ratio       4.25     4.00        
Maximum consolidated secured leverage ratio       3.50     3.25        
Consolidated total leverage ratio limiting permitted payments               2.75      
Minimum interest coverage ratio               3.00      
Annual share repurchase limitation               $ 30,000      
Senior, unsecured notes [Member]                      
Debt instruments [Line Items]                      
Total principal amount   $ 500,000 $ 475,000           $ 475,000    
Senior, secured and unsecured notes                      
Stated interest rate   8.00%                  
Proceeds from debt offering, net of discount and debt issuance costs   $ 490,741                  
Effective interest rate   8.30%                  
Debt settled                     $ 25,000
Senior, secured notes [Member]                      
Debt instruments [Line Items]                      
Total principal amount $ 450,000                    
Long-term debt     450,000           450,000    
Senior, secured and unsecured notes                      
Stated interest rate 8.125%                    
Proceeds from debt offering, net of discount and debt issuance costs $ 441,481                    
Effective interest rate 8.60%                    
Securitization facility [Member]                      
Debt instruments [Line Items]                      
Total principal amount     80,000           $ 78,917    
Credit facility, commitment     $ 80,000             $ 80,000  
Credit Facility                      
Weighted-average interest rate at period end     5.88%           6.22%    
Securitization facility [Member] | Collateral Pledged [Member]                      
Securitization facility                      
Accounts receivable     $ 129,000                
[1] We use standby letters of credit primarily to collateralize certain obligations related to our self-insured workers' compensation claims, as well as claims for environmental matters, as required by certain states. These letters of credit reduce the amount available for borrowing under our revolving credit facility.