Debt as of September 30, 2026 and December 31, 2025 consisted of the following:
|
|
|
|
|
|
|
|
|
(in thousands) |
|
September 30, 2026 |
|
|
December 31, 2025 |
|
Outstanding borrowings under Credit Facility (defined below) |
|
|
|
|
|
|
Revolving credit facility |
|
$ |
371,500 |
|
|
$ |
208,600 |
|
Term loan |
|
|
232,063 |
|
|
|
— |
|
Total outstanding borrowings under the Credit Facility |
|
|
603,563 |
|
|
|
208,600 |
|
Outstanding borrowings under the joint venture term debt |
|
|
4,249 |
|
|
|
5,647 |
|
Unamortized debt discount |
|
|
(8,492 |
) |
|
|
(1,809 |
) |
Total outstanding borrowings |
|
|
599,320 |
|
|
|
212,438 |
|
Less: current portion |
|
|
(15,999 |
) |
|
|
(1,879 |
) |
Total debt, less current portion |
|
$ |
583,321 |
|
|
$ |
210,559 |
|
|