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Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt consisted of the following (in millions):
March 31,
2025
December 31,
2024
Senior Secured Credit Facility:
$500 million revolving credit facility, due 2028
$250.0 $— 
Term loan B, due 2030492.5 493.8 
Unsecured Senior Notes, due 2028550.0 550.0 
1,292.5 1,043.8 
Unamortized deferred loan costs(4.9)(5.3)
Term loan B, principal payments due in the next 12 months(5.0)(5.0)
Long-term debt$1,282.6 $1,033.5 
__________
The Company is required to make quarterly minimum principal payments totaling $5.0 million annually on the term loan until its maturity date; this amount is included in other current liabilities on the accompanying condensed consolidated balance sheets. Taking into consideration the $5.0 million annual required principal payments, the balance due at maturity will be $466.3 million.