v3.25.4
Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long-term debt consisted of the following as of December 31:
2025 Credit Agreement20252019 Credit and Guaranty Agreement2024
2025 Term Loan$296,250 Amended Term Loan$337,864 
Less:Less:
Current portion of long-term debt(15,000)Current portion of long-term debt(27,339)
Unamortized debt issuance cost(570)Unamortized debt issuance cost(1,147)
Unamortized discount(1,729)Unamortized discount(1,090)
$278,951 $308,288 
Schedule of Maturities of Long-term Debt As of December 31, 2025, scheduled principal payments for the 2025 Term Loan are as follows :
PeriodScheduled Quarterly PaymentsAnnually
2026$3,750 $15,000 
20273,750 15,000 
20283,750 15,000 
20293,750 15,000 
20303,750 7,500 
2030 - Final payment at Maturity— 228,750 
Schedule of Debt
The applicable interest margin is subject to adjustment based on a pricing grid, which reflects changes in the Company’s leverage ratio following delivery of quarterly financial statements to the Lenders:
Leverage ratioSOFRBRCommitment Fee
< 2.00 to 1.00
1.75 %0.75 %0.20 %
≥ 2.00 to 1.00 < 2.50 to 1.00
2.00 %1.00 %0.20 %
≥ 2.50 to 1.00 < 3.00 to 1.00
2.25 %1.25 %0.30 %
≥ 3.00 to 1.00 < 3.50 to 1.00
2.50 %1.50 %0.30 %
≥ 3.50 to 1.00
2.75 %1.75 %0.30 %