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Subsequent Events
3 Months Ended
Mar. 31, 2026
Subsequent Events [Abstract]  
Subsequent Events

19. Subsequent Events

Second Amendment to Credit Agreement

On April 3, 2026, the Company amended its credit agreement. The amendment, among other things, increased the commitments under the Revolving Credit Facility by $45.0 million for an aggregate principal amount of $305.0 million. The amendment also increased the interest spread applicable to the loan under the Revolving Credit Facility by 0.25%. After giving effect to the amendment, the loans under the Revolving Credit Facility bear interest at a variable rate per annum equal to, at the Company’s option, either (a) term SOFR plus a 3.25% spread or (b) an alternative base rate (as set forth in the credit agreement) plus a 2.25% spread. In addition, the Amendment removed the minimum free cash flow maintenance covenant and adjusted the minimum liquidity maintenance covenant to require $381.3 million of minimum liquidity, tested as of the last day of each calendar month (commencing with the calendar month ending April 30, 2026). In connection with the amendment, the Company incurred $1.0 million in debt issuance costs.

The Company has evaluated subsequent events from March 31, 2026 through the date the financial statements were available to be issued and has determined there are no other subsequent events that require disclosure or recognition in the unaudited condensed consolidated financial statements.