v3.25.4
Debt (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The Company’s debt as of December 31, consisted of the following (in thousands):
20252024
Revolving credit facility$12,000 $6,500 
Term Loan facility
600,000 293,125 
Delayed Draw Term Loan facility
— 297,750 
Total borrowings
612,000 597,375 
Add: Remaining premium on interest rate caplets financed as debt83 1,076 
Total debt
612,083 598,451 
Less: Debt issuance costs(4,663)(3,072)
Total debt, net of debt issuance costs607,420 595,379 
Less: Current maturities(37,583)(34,443)
Total debt, net of current maturities$569,837 $560,936 
Schedule of Maturities of Total Debt The principal maturities of total debt are as follows (in thousands):
Year ending December 31:
2026$37,583 
2027$30,000 
2028$30,000 
2029$30,000 
2030$484,500 
Total Debt$612,083 
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
The carrying value and estimated fair value of the Company's debt as of December 31, was as follows (in thousands):
20252024
Carrying value$612,083 598,451 
Estimated fair value$612,269 $594,955