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Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt consisted of the following (in millions):
September 30,
2025
December 31,
2024
Senior Secured Credit Facility:
$500 million revolving credit facility, due 2028
$39.0 $— 
Term loan A, due 202899.4 — 
Term loan B, due 2030490.0 493.8 
Unsecured Senior Notes, due 2028550.0 550.0 
1,178.4 1,043.8 
Unamortized deferred loan costs(4.6)(5.3)
Principal payments due in the next 12 months(8.1)(5.0)
Long-term debt$1,165.7 $1,033.5 
__________
The Company is required to make quarterly minimum principal payments until maturity as follows: (i) for term loan A, payments totaling $2.5 million for the first year and $5.0 million annually thereafter, and (ii) for term loan B, payments totaling $5.0 million annually. These payments are reflected in other current liabilities on the accompanying condensed consolidated balance sheets. Considering the annual required principal payments for the term loans, the balances due at maturity will be $90.0 million for term loan A and $466.3 million for term loan B.