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Credit Facilities and Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Debt
Total debt outstanding is summarized as follows (in thousands):
September 30,December 31,
20252024
2024 Credit Agreement (a)
Multi-currency revolver$266,141 $244,171 
   U.S. dollar term loan (b)
191,162 198,287 
   Euro term loan (b)
112,228 102,908 
Other
19,947 16,948 
Total debt$589,478 $562,314 
Current maturities of debt$50,839 $27,117 
Long-term debt538,639 535,197 
Total debt$589,478 $562,314 
(a) Weighted average interest rate, adjusted for the impact of interest rate swap agreements, is 4.9% and 5.6% at September 30, 2025 and December 31, 2024, respectively. Interest rates primarily consist of Term SOFR for borrowings in U.S. dollars and EURIBOR for borrowings in euros.
(b) Amounts are shown net of unamortized deferred financing costs of $2.1 million at September 30, 2025 and $2.7 million at December 31, 2024, respectively.
2024 Credit Agreement
Outstanding borrowings, net of unamortized deferred financing costs, and letters of credit under the 2024 credit agreement consist of the following (in millions):
September 30, 2025December 31, 2024
Current maturities of debt$45.2 $25.3 
Long-term debt524.3520.1
Total outstanding borrowings$569.5 $545.4 
Letters of credit$4.6 $2.5 
Schedule of Maturities of Long-Term Debt
As of September 30, 2025, maturities of debt, net of unamortized deferred financing costs, through 2037, assuming no prepayments, are as follows (in thousands):

Multi-Currency RevolverU.S. Dollar Term LoanEuro Term LoanOther DebtTotal
Remainder of 2025$— $2,391 $1,406 $4,727 $8,524 
2026— 9,606 5,648 1,182 16,436 
2027— 14,655 8,611 1,295 24,561 
2028— 19,703 11,573 1,207 32,483 
2029266,141 144,807 84,990 1,243 497,181 
Thereafter— — — 10,293 10,293 
Total $266,141 $191,162 $112,228 $19,947 $589,478 
Less: current maturities(30,000)(9,590)(5,640)(5,609)(50,839)
Long-term debt$236,141 $181,572 $106,588 $14,338 $538,639