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Debt (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Summary of Debt

The following table summarizes our debt balances and the related weighted average effective interest rates, which includes the effect of interest rate swap agreements.

			Debt balance at									Weighted average effective interest rate at
(dollars in thousands)			December 31, 2024			December 31, 2023						December 31, 2024			December 31, 2023
Credit facility:
Revolving credit loans			$	229,900		$	114,100					6.37		%	7.52		%
Term loans			790,000			607,500						5.59		%	3.51		%
Real estate loans			55,135			56,745						5.23		%	5.22		%
Other debt			2,783			2,800						8.77		%	8.42		%
Total debt			1,077,818			781,145						5.75		%	4.24		%
Less: Unamortized discount and debt issuance costs			2,833			1,481
Less: Debt, current portion			23,875			19,259						6.21		%	7.02		%
Debt, net of current portion			$	1,051,110		$	760,405					5.73		%	4.17		%

Schedule of Currently Effective Financing Agreements

The following table summarizes our currently effective financing agreements as of December 31, 2024:

(dollars in thousands)			Term  in Months			Number of Annual Payments			First Annual Payment Due			Original Loan Value
Effective dates of agreements(1):
December 2022			39			3			January 2023			$	1,710
January 2023			36			3			April 2023			2,491
April 2024			36			3			May 2024			2,073

(1)Represent noncash investing and financing transactions during the periods indicated as we purchased software and services by assuming directly related liabilities.

Supplier Finance Program

The changes in supplier financing obligations during the years ended December 31, 2024, consisted of the following:

(dollars in thousands)			Total
Balance at December 31, 2023			$	2,800
Additions			2,073
Payments			(2,090)
Balance at December 31, 2024			$	2,783

Annual Maturities Related to Credit Facility, Real Estate Loans and Other Debt

As of December 31, 2024, the required annual maturities related to the 2024 Credit Facilities, the Real Estate Loans and our other debt were as follows:

Years ending December 31, (dollars in thousands)			Annual maturities
2025			$	23,875
2026			22,660
2027			22,166
2028			22,375
2029			942,496
Thereafter			44,246
Total required maturities			$	1,077,818

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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