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Debt (Tables)
9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments
Revolver
September 30,
2025
December 31,
2024
(in thousands)
Total Revolver commitment$500,000 $200,000 
Less: Revolver borrowings outstanding 360,142 76,467 
Less: Standby letter of credit654 300 
Borrowings available under the Revolver$139,204 $123,233 
Term Loan
September 30,
2025
December 31,
2024
(in thousands)
Term loan, short-term$— $16,000 
Term loan, long-term— 62,424 
       Total Term Loan$— $78,424 
Debt Instrument, Schedule of Interest Rate
Weighted average interest rate of our borrowings outstanding are as follows:
Three months endedNine months ended
 September 30,
2025
September 30,
2024
September 30,
2025
September 30,
2024
Revolver5.8%6.6%5.7%6.6%
Term loan—%
*1
—%
*1
1 Funds were borrowed on December 16, 2024. No borrowings outstanding during the nine months ended September 30, 2024.