v3.26.1
Debt Obligations (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Outstanding debt obligations consisted of the following:
(in thousands)June 30, 2026December 31, 2025
2024 Credit Agreement
Term facility - matures July 31, 2032, interest rate of 7.39% and 7.47% at June 30, 2026 and December 31, 2025, respectively
$1,020,000 $1,020,000 
Revolving credit facility - $100.0 million line matures July 31, 2030, interest rate of 7.14% and 7.22% at June 30, 2026 and December 31, 2025, respectively
— — 
Residual Finance Credit Facility
Term facility - matures August 18, 2031, interest rate of 9.88% and 9.98% at June 30, 2026 and December 31, 2025, respectively
42,884 35,394 
Total debt obligations1,062,884 1,055,394 
Less: current portion of long-term debt(3,112)— 
Less: unamortized debt discounts and deferred financing costs(15,087)(16,036)
Long-term debt, net$1,044,685 $1,039,358 
Schedule of Interest Expense for Outstanding Debt
Interest expense for outstanding debt, including fees for undrawn amounts and amortization of deferred financing costs and debt discounts was as follows:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2026202520262025
Interest expense(1)(2)
$21,051 $23,054 $42,067 $46,230 
(1)Included in interest expense is $0.3 million and $0.7 million related to the accretion of deferred consideration from acquisitions for the three and six months ended ended June 30, 2026, respectively, and $1.0 million and $2.0 million for the three and six months ended ended June 30, 2025, respectively.
(2)Interest expense included amortization of deferred financing costs and debt discounts of $0.4 million and $0.9 million for the three and six months ended ended June 30, 2026, respectively, and $0.5 million and $0.9 million for the three and six months ended June 30, 2025, respectively.