v3.26.3
Derivative Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Fair Value of Outstanding Derivative Contracts The following tables summarize the fair value of the Company’s outstanding derivative contracts included within the Condensed Consolidated Balance Sheets.
September 30, 2026
Fair Value (Level 2)
(in thousands)Notional AmountAssetsLiabilitiesLocation on
Balance Sheet		Term
Undesignated derivatives:
Interest rate swap$750,000 $7,184 $— Prepaid expenses and other current assets and Other long-term assetsVarious through 4/3/28
Commodity hedges4,859 32 162 Prepaid expenses and other current assets and Other current liabilities and Other long-term liabilitiesVarious through 12/31/27
Interest rate cap50,000 114 — Other long-term assetsVarious through 9/15/31
Total undesignated derivatives$7,330 $162 
December 31, 2025
Fair Value (Level 2)
(in thousands)Notional AmountAssetsLiabilitiesLocation on
Balance Sheet		Term
Undesignated derivatives:
Interest rate swap$750,000 $— $3,341 Other current liabilities and long-term liabilitiesVarious through 4/3/28
Commodity hedges3,177 281 14 Prepaid expenses and other current assets and Other current liabilitiesVarious through 1/5/27
Interest rate cap55,091 38 — Other long-term assetsVarious through 9/15/31
Total undesignated derivatives$319 $3,355 
Non-cash Effects of Derivative Instruments
The following table presents the combined cash and non-cash effects of derivative instruments on the Company’s Condensed Consolidated Statements of Comprehensive Income.
(in thousands)Gain/(Loss) Recognized on Undesignated Derivatives
UndesignatedLocation in Statement of Three Months Ended September 30,Nine Months Ended September 30,
DerivativesComprehensive Income2026202520262025
Interest rate swapInterest expense, net$3,420 $762 $11,168 $(5,566)
Commodity hedgesCost of sales(172)16 (163)6 
Interest rate capInterest expense, net50 (11)76 (149)
$3,298 $767 $11,081 $(5,709)