Debt consists of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
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March 31, 2026 |
|
|
December 31, 2025 |
|
2025 Term Loan Credit Facility |
|
$ |
520,609 |
|
|
$ |
525,798 |
|
2023 ABL Credit Facility |
|
|
75,000 |
|
|
|
50,000 |
|
Other indebtedness |
|
|
51,254 |
|
|
|
18,383 |
|
Deferred Cash Consideration Note |
|
|
— |
|
|
|
10,000 |
|
Less: Debt discount, net of accumulated amortization of $10,710 and $9,667, respectively |
|
|
(23,516 |
) |
|
|
(24,559 |
) |
Less: Deferred financing fees, net of accumulated amortization of $446 and $419, respectively |
|
|
(675 |
) |
|
|
(701 |
) |
Less: Current portion (a) |
|
|
(65,632 |
) |
|
|
(40,681 |
) |
Long-term debt |
|
$ |
557,040 |
|
|
$ |
538,240 |
|
(a) The current portion of long-term debt reflects payments based on the terms of the 2025 Term Loan Credit Facility and other indebtedness.
|