Debt (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Maturities of Long-term Debt

A summary of the scheduled maturities of those borrowings as of March 31, 2026 follows:


	Scheduled Maturities of Long-Term Debt
2026	$	15,000
2027	$	20,000
2028	$	20,000
2029	$	20,000
2030	$	781,000

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

A summary of the carrying amounts of our debt follows:


	March 31, 2026		December 31, 2025
Revolver	$	471,000	$	121,000
Term Loan	385,000		390,000
Unamortized debt issuance costs - Term Loan(1)	(1,261)		(1,335)
Total long-term debt	854,739		509,665
Current maturities of long-term debt	(20,000)		(20,000)
Long-term debt, net of current portion	$	834,739	$	489,665

(1)We recognized a $1.5 million discount to the Term Loan for debt issuance costs in connection with the Amended Credit Facility. These debt issuance costs are amortized to interest expense using an effective interest rate of 5.95% over the term of the Term Loan. Unamortized debt issuance costs related to the Revolver are included as a component of other non-current assets and amortized to interest expense using the straight-line method over the term of the Revolver.