XML 37 R25.htm IDEA: XBRL DOCUMENT v3.25.1

Subsequent Events	3 Months Ended
	Mar. 31, 2025
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On April 7, 2025, the Company refinanced its existing credit facility including both the revolving credit facility and the secured term loan. This amended credit agreement provides for a secured term loan of $600 million (which was borrowed in full) and revolving credit commitments of $750 million. The term loan matures seven years from the date of issuance and the revolving credit facility matures in five years. The secured term loan accrues interest at SOFR plus 1.75%, and the revolving credit facility accrues interest, when drawn, at SOFR plus a range of 1.25% to 2.00% depending on a total debt to EBITDA ratio covenant. As part of entering into the amended credit agreement, the amounts drawn under the prior agreement were fully repaid and retired.

X

- References

No definition available.

+ Details

Name:	us-gaap_SubsequentEventsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 855
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/855/tableOfContent

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 855
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483399/855-10-50-2

+ Details

Name:	us-gaap_SubsequentEventsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration