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Debt (Tables)
6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Maturities of Long-term Debt A summary of the scheduled maturities of those borrowings follows:
Scheduled Maturities of Long-Term Debt
2024$6,875 
2025$13,750 
2026$13,750 
2027$477,187 
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
A summary of the carrying amounts of our debt follows:
June 30,
2024
December 31,
2023
Revolver
$240,000 $324,000 
Term Loan
271,562 — 
Unamortized debt issuance costs - Term Loan1
(1,262)— 
Total long-term debt510,300 324,000 
Current maturities of long-term debt
(13,750)— 
Long-term debt, net of current portion$496,550 $324,000 
(1)In connection with establishing the Term Loan, we incurred $1.4 million of debt issuance costs which were recognized as a discount to the Term Loan. These debt issuance costs are amortized to interest expense using an effective interest rate of 7.34% over the term of the Term Loan. Unamortized debt issuance costs related to the Revolver are included as a component of other non-current assets and amortized to interest expense using the straight-line method over the term of the Revolver.