v3.26.3
Debt Obligations (Tables)
 9 Months Ended
Sep. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Outstanding debt obligations consisted of the following:
(in thousands)September 30, 2026December 31, 2025
2024 Credit Agreement
Term facility - matures July 31, 2032, interest rate of 7.82% and 7.47% at September 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 7.57% and 7.22% at September 30, 2026 and December 31, 2025, respectively
— — 
Residual Finance Credit Facility
Term facility - matures August 18, 2031, interest rate of 10.14% and 9.98% at September 30, 2026 and December 31, 2025, respectively
44,696 35,394 
Total debt obligations1,064,696 1,055,394 
Less: current portion of long-term debt(5,700)— 
Less: unamortized debt discounts and deferred financing costs(14,587)(16,036)
Long-term debt, net$1,044,409 $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 September 30,Nine Months Ended September 30,
(in thousands)2026202520262025
Interest expense(1)(2)
$21,190 $22,463 $63,257 $68,693 
(1)Included in interest expense is $0.0 million and $0.7 million related to the accretion of deferred consideration from acquisitions for the three and nine months ended ended September 30, 2026, respectively, and $0.4 million and $2.5 million for the three and nine months ended ended September 30, 2025, respectively.
(2)Interest expense included amortization of deferred financing costs and debt discounts of $0.5 million and $1.4 million for the three and nine months ended ended September 30, 2026, respectively, and $0.4 million and $1.3 million for the three and nine months ended September 30, 2025, respectively.