Financing Arrangements - Additional Information (Details) - USD ($) |
6 Months Ended | ||
---|---|---|---|
Oct. 20, 2023 |
Jul. 31, 2025 |
Aug. 31, 2025 |
|
Maximum | Subsequent Event | |||
Line Of Credit Facility [Line Items] | |||
Credit Facility outstanding | $ 10,000,000 | ||
Revolving Credit Facility | Credit Agreement | |||
Line Of Credit Facility [Line Items] | |||
Credit agreement initiation date | Oct. 20, 2023 | ||
Maximum borrowing capacity | $ 50,000,000 | ||
Borrowing capacity description | On October 20, 2023, the Company, as borrower, entered into a three-year credit and security agreement (“Credit Agreement”) with Citizens Bank N.A., as Administrative Agent (“Agent”) and lender. The Credit Agreement provides for a secured revolving credit facility (“Credit Facility”) under which the Company may borrow up to an aggregate amount of $30.0 million, which includes a $10.0 million sub-facility for letters of credit. The Company and its lenders may increase the total commitments under the Credit Facility to up to an aggregate amount of $50.0 million, subject to certain conditions. Funds borrowed under the Credit Agreement may be used for acquisition, working capital and other general corporate purposes. | ||
Credit agreement, Interest rate description | Loans under the Credit Agreement will bear interest, at the Company’s option, at either a rate equal to the Alternate Base Rate plus the Applicable Margin (as defined in the Credit Agreement) or Term Secure Overnight Financing Rate ("SOFR") plus the Applicable Margin (as defined in the Credit Agreement). The Alternate Base Rate is the highest of (i) the Agent’s prime rate, (ii) the federal funds effective rate plus 0.50% per annum, and (iii) the Daily SOFR rate plus 1.00% per annum. The SOFR Rate is a rate equal to the secured overnight financing rate as published by the SOFR Administrator and displayed on CME Group Benchmark Administration Limited’s Market Data Platform. The Applicable Margin for Alternative Base Rate Loans is 1.25% and the Applicable Margin for the SOFR Loans is 2.00%. Upon the occurrence of any event of default, the interest rate on the borrowings increases by 5.00%. The Company is required to pay a commitment fee on the unused portion of the Credit Facility of 0.25% per annum. | ||
Percentage of commitment fees on revolving credit facility | 0.25% | ||
Borrowing remaining capacity | $ 30,000,000 | ||
Revolving Credit Facility | Credit Agreement | SOFR | |||
Line Of Credit Facility [Line Items] | |||
Credit agreement, rate | 2.00% | ||
Revolving Credit Facility | Credit Agreement | Base Rate | |||
Line Of Credit Facility [Line Items] | |||
Credit agreement, rate | 1.25% | ||
Credit agreement, Variable rate | 0.50% | ||
Revolving Credit Facility | Credit Agreement | Maximum | |||
Line Of Credit Facility [Line Items] | |||
Borrowing capacity | $ 30,000,000 | ||
Revolving Credit Facility | Credit Agreement | Maximum | SOFR | |||
Line Of Credit Facility [Line Items] | |||
Debt instrument interest rate increases on borrowings | 5.00% | ||
Revolving Credit Facility | Credit Agreement | Letters of Credit | |||
Line Of Credit Facility [Line Items] | |||
Borrowing capacity | $ 10,000,000 |