v3.26.1
Borrowings (Tables)
6 Months Ended
Jun. 30, 2026
Borrowings [Abstract]  
Senior Credit Facilities and Notes Payable
Amounts outstanding under the Company’s Senior Credit Facilities (as defined below) and notes payable consisted of the following:

 
 
June 30, 2026
   
December 31, 2025
 
 
 
Principal
Amount
   
Unamortized Debt
Issuance Cost (2)
   
Net Debt
   
Principal
Amount
   
Unamortized Debt
Issuance Cost (2)
   
Net Debt
 
   
(In thousands)
 
Term Facility
 
$
175,000
   
$
(2,483
)
 
$
172,517
   
$
131,250
   
$
(620
)
 
$
130,630
 
Revolving Facility
   
46,000
     
-
     
46,000
     
30,500
     
-
     
30,500
 
Other (1)
   
1,502
     
-
     
1,502
     
1,329
     
-
     
1,329
 
Total debt
   
222,502
     
(2,483
)
   
220,019
     
163,079
     
(620
)
   
162,459
 
Less: Current portion of long-term debt
   
4,987
     
(424
)
   
4,563
     
10,287
     
(422
)
   
9,865
 
Long-term debt, net of current portion
 
$
217,515
   
$
(2,059
)
 
$
215,456
   
$
152,792
   
$
(198
)
 
$
152,594
 


(1)
The long-term portion is included as part of Other Long-Term Liabilities in the Consolidated Balance Sheet.
(2)
Debt issuance costs are amortized over the term of the Term Loan and recorded to interest expense.