v3.26.1
Borrowings (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Company's Debt Position
The following table summarizes the Company’s debt position:
As of
June 30, 2026December 31, 2025
Revolving credit facilityTerm loan facilityTotalRevolving credit facilityTerm loan facilityTotal
Current portion of long-term borrowings$290,000 $91,250 $381,250 $— $5,000 $5,000 
Unamortized debt issuance costs— (95)(95)— (114)(114)
Current portion of long-term borrowings290,000 91,155 381,155 — 4,886 4,886 
Long-term borrowings— — — 205,000 88,750 293,750 
Unamortized debt issuance costs— — — — (38)(38)
Long-term borrowings— — — 205,000 88,712 293,712 
Borrowings$290,000 $91,155 $381,155 $205,000 $93,598 $298,598 
Schedule of Credit Facilities Carried an Effective Interest Rate
The effective interest rates of the revolving credit facility and the term loan facility are as follows:

Three months ended June 30,Six months ended June 30,
2026202520262025
Revolving credit facility5.0 %5.8 %5.0 %5.8 %
Term loan facility5.1 %5.7 %5.1 %5.7 %
Schedule of Maturities of Long-term Debt
The maturity profile of the Company’s long-term borrowings, excluding debt issuance costs, outstanding as of June 30, 2026 was as follows:

Revolving credit facilityTerm loan facility
2026 (July 1 - December 31)$— $2,500 
2027290,000 88,750 
Total$290,000 $91,250