v3.26.1
DEBT (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Short-term Borrowings, Bank Overdrafts and Long-term Debt
Short-term borrowings, bank overdrafts and long-term debt consisted of the following: 
June 30, 2026December 31, 2025
(U.S. Dollars in thousands)
Corporate Revolving Credit Facility
$267,159 $67,827 
Term Loan Facilities
590,254 595,124 
Vessel financing loans
— 45,363 
Other long-term financing arrangements
51,762 54,500 
Other revolving credit facilities, at a weighted average interest rate of 5.0% as of June 30, 2026 (4.9% as of December 31, 2025)
63,787 56,990 
Other short-term financing arrangements, at a weighted average interest rate of 7.5% as of June 30, 2026
3,031 — 
Bank overdrafts
22,886 9,611 
Finance lease obligations, at a weighted average interest rate of 5.5% as of June 30, 2026 (5.6% as of December 31, 2025)
38,962 44,915 
Total debt, gross1,037,841 874,330 
Unamortized debt discounts and debt issuance costs
(6,354)(7,237)
Total debt, net1,031,487 867,093 
Current maturities, net of unamortized debt discounts and debt issuance costs
(39,480)(57,668)
Bank overdrafts
(22,886)(9,611)
Long-term debt, net
$969,121 $799,814