XML 36 R29.htm IDEA: XBRL DOCUMENT v3.25.1
Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Carrying Value and Estimated Fair Value of Long-term Debt The carrying value and the estimated fair value of long-term debt, net are as follows:

 

Level in

March 31, 2025

 

December 31, 2024

 

Fair Value

Carrying

 

Estimated

 

Carrying

 

Estimated

 

($ in thousands)

Hierarchy

Amount

 

Fair Value

 

Amount

 

Fair Value

 

2021 Term Loan

 

2

$

 

685,667

 

$

 

695,914

 

$

 

687,203

 

$

 

699,916

 

Senior Notes

 

2

 

 

 

347,177

 

 

 

 

334,688

 

 

 

 

347,008

 

 

 

 

341,250

 

Schedule of Changes in the Fair Value of the Interest Rate Swap The following presents the changes in the fair value of the interest rate swap in the gross balances within the below line items for the three months ended March 31, 2024:

 

 

 

Three Months Ended March 31,

 

($ in thousands)

 

2024

 

Prepaid expenses and other current assets

 

 

 

Beginning balance

 

$

689

 

Change in fair value of interest rate swap

 

 

152

 

Ending balance

 

$

841

 

 

 

 

 

Other non-current assets

 

 

 

Beginning balance

 

$

627

 

Change in fair value of interest rate swap

 

 

(50

)

Ending balance

 

$

577