v3.26.1
Long-term Debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Debt

At June 30, 2026 and December 31, 2025, long-term debt consisted of:

 

 

June 30, 2026

 

 

December 31, 2025

 

 

 

Average
Interest Rate

 

Outstanding
Balance

 

 

Average
Interest Rate

 

Outstanding
Balance

 

Term Loan

 

 

 

$

395,625

 

 

 

 

$

200,250

 

Delayed-Draw Term Loan

 

 

 

 

 

 

 

 

 

154,000

 

Revolving Credit

 

 

 

 

12,022

 

 

 

 

 

48,484

 

 

 

5.0%

 

 

407,647

 

 

5.6%

 

 

402,734

 

 Unamortized debt issuance costs

 

 

 

 

(1,419

)

 

 

 

 

(1,379

)

Total

 

 

 

$

406,228

 

 

 

 

$

401,355

 

Schedule of Future Contractual Repayments of Debt Principal

Future contractual repayments of debt principal are as follows:

Payments due by

 

Term Loan

 

 

Revolving Credit

 

 

Total

 

June 30, 2029

 

$

7,500

 

 

$

 

 

$

7,500

 

June 30, 2030

 

 

25,313

 

 

 

 

 

 

25,313

 

April 10, 2031 (maturity)

 

 

362,812

 

 

 

12,022

 

 

 

374,834

 

 Total

 

$

395,625

 

 

$

12,022

 

 

$

407,647

 

 

Schedule of Location on the Consolidated Balance Sheets As of June 30, 2026 and December 31, 2025, the balance of debt issuance costs and their location on the consolidated balance sheets are as follows:

 

 

June 30, 2026

 

 

December 31, 2025

 

Deferred financing costs

 

$

5,205

 

 

$

6,519

 

Accumulated amortization

 

 

(184

)

 

 

(5,140

)

Total

 

$

5,021

 

 

$

1,379

 

 

 

 

 

 

 

 

 

 

June 30, 2026

 

 

December 31, 2025

 

Other assets

 

$

3,602

 

 

$

 

Debt

 

 

1,419

 

 

 

1,379

 

Total

 

$

5,021

 

 

$

1,379