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LONG-TERM DEBT (Tables)
9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
All of the Company’s long-term debt are liabilities of People Inc. and consists of:
 September 30, 2025December 31, 2024
 (In thousands)
Term Loan A-1 due May 14, 2030$345,625 $— 
Term Loan B-2 due June 16, 2032700,000 — 
7.625% Senior Secured Notes due June 15, 2032; interest payable each June 15 and December 15
400,000 — 
Term Loan A due December 1, 2026— 297,500 
Term Loan B-1 due December 1, 2028— 1,182,500 
Total long-term debt1,445,625 1,480,000 
Less: current portion of long-term debt22,750 35,000 
Less: original issue discount3,512 3,512 
Less: unamortized debt issuance costs12,523 6,481 
Total long-term debt, net$1,406,840 $1,435,007 
Schedule of Long-term Debt Maturities
Long-term debt maturities at September 30, 2025 are summarized in the table below:
Year Ending December 31,(In thousands)
Remainder of 2025
$4,375 
202624,500 
202724,500 
202842,000 
202959,500 
Thereafter1,290,750 
Total1,445,625 
Less: current portion of long-term debt22,750 
Less: unamortized original issue discount3,512 
Less: unamortized debt issuance costs12,523 
Total long-term debt, net$1,406,840 
Schedule of Debt Instrument Redemption On and after June 15, 2028, the 2032 Notes may be redeemed at the prices set forth below (expressed as percentages of principal amount of the 2032 Notes to be redeemed), plus accrued and unpaid interest thereon, if any, to, but not including, the applicable redemption date, if redeemed during the twelve-month period beginning on June 15 of the years indicated below:
YearPercentage
2028103.813%
2029101.906%
2030 and thereafter100.000%