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LONG-TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The Company’s Long-Term Debt as of December 31, 2024 and December 31, 2023 consisted of the following:
December 31, 2024December 31, 2023
Long-term debt
Credit Agreement, dated as of February 23, 2022 (the “2022 Credit Agreement”)
$675 Million 7-Year Senior Secured Term Loan Facility (the “2022 Term Loan Facility”)
$656,438 $663,188 
$150 Million 5-Year Senior Secured Revolving Credit Facility (the “2022 Revolver”)(1)
— — 
Debt issuance costs(5,976)(7,415)
Total term loan debt
650,462 655,773 
Less: Current portion(6,750)(6,750)
Long-term debt, net of debt issuance costs and current portion
$643,712 $649,023 
(1) As of December 31, 2024 and December 31, 2023, the Company did not have any outstanding amounts drawn on the 2022 Revolver, including letters of credit and swingline loan sub-facilities. As of December 31, 2024, the Company had $150 million of available borrowing capacity under the 2022 Revolver.
Schedule of Maturities of Long-Term Debt
At December 31, 2024, the future repayments of principal amounts of the Company’s 2022 Term Loan Facility, excluding the effects of debt issuance costs, for the next five years were as follows:
Year Ending December 31,
Amount
2025$6,750 
20266,750 
20276,750 
20286,750 
2029629,438 
Total
$656,438