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Debt (Tables)
3 Months Ended
Mar. 31, 2025
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
2025$10,313 
2026$13,750 
2027$552,187 
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
A summary of the carrying amounts of our debt follows:
March 31,
2025
December 31,
2024
Revolver
$315,000 $93,000 
Term Loan
261,250 264,687 
Unamortized debt issuance costs - Term Loan1
(989)(1,080)
Total long-term debt575,261 356,607 
Current maturities of long-term debt
(13,750)(13,750)
Long-term debt, net of current portion$561,511 $342,857 
(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.