XML 51 R40.htm IDEA: XBRL DOCUMENT

Line of Credit, Long-Term Debt and Finance Lease Obligations (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

The carrying value of the Company’s long-term debt was $611.2 million and $622.2 million at December 31, 2024 and 2023, respectively, and consisted of the following (in thousands):


		December 31, 2024
		Principal				Unamortized Debt Issuance Costs				Total
Senior notes		$	400,000			$	(3,638	)		$	396,362
Revolving credit line			—				(523	)			(523	)
Term A loan			215,625				(291	)			215,334
Total		$	615,625			$	(4,452	)		$	611,173


		December 31, 2023
		Principal				Unamortized Debt Issuance Costs				Total
Senior notes		$	400,000			$	(4,354	)		$	395,646
Revolving credit line			—				(1,006	)			(1,006	)
Term A loan			228,125				(559	)			227,566
Total		$	628,125			$	(5,919	)		$	622,206

Summary of Estimated Fair Value of Notes

The estimated fair value of the Company’s 2030 Notes was estimated using trading prices as of December 31, 2024 and 2023, respectively, as Level 2 inputs to estimate fair value for relevant periods and are summarized as follows (in thousands):


		December 31,
		2024				2023
2030 Notes			382,000				357,000

Schedule of Financial Lease Obligations

The Company’s finance lease obligations, primarily related to equipment used in its newborn hearing screen program, consist of the following (in thousands):


		December 31,
		2024				2023
Finance lease obligations		$	5,341			$	9,241
Less: Current portion			(1,795	)			(2,413	)
Long-term portion		$	3,546			$	6,828