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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Summary of Long-Term Debt, Net

Long-term debt, net, as of December 31, 2025 and 2024 consisted of the following:

 

 

2025

 

 

2024

 

 

 

(In thousands)

 

Term B-3 Loans (effective interest rate of 5.72% and 6.36% at December 31, 2025 and 2024, respectively)

 

$

1,523,019

 

 

$

1,538,442

 

Senior Notes due 2029 (interest rate of 5.25%)

 

 

725,000

 

 

 

725,000

 

Total long-term debt

 

 

2,248,019

 

 

 

2,263,442

 

Less: unamortized debt issuance costs and discounts

 

 

(14,888

)

 

 

(19,273

)

Less: current maturities

 

 

(15,423

)

 

 

(15,423

)

Total long-term debt, net

 

$

2,217,708

 

 

$

2,228,746

 

 

Summary of Long-Term Debt Repayable

Long-term debt at December 31, 2025 is repayable as follows and does not include the impact of any future voluntary prepayments:

Years Ending December 31,

 

(In thousands)

 

2026

 

$

15,423

 

2027

 

 

15,423

 

2028

 

 

15,423

 

2029

 

 

740,423

 

2030

 

 

15,423

 

Thereafter

 

 

1,445,904

 

Total

 

$

2,248,019