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v3.25.3

Debt - Narrative (Details) - USD ($) |  | 3 Months Ended | 9 Months Ended |
--- | --- | --- | --- | ---
Aug. 26, 2025 | Sep. 30, 2025 | Sep. 30, 2024 | Sep. 30, 2025 | Sep. 30, 2024 | Dec. 31, 2024
Debt Instrument [Line Items] |  |  |  |  |  |
Amount of credit facility utilized to issue debt |  |  |  | $ 259,000,000 | $ 80,000,000 |
2025 Credit Facilities |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Maximum first lien net leverage ratio | 4.50 |  |  |  |  |
Minimum fixed charge coverage ratio | 2.50 |  |  |  |  |
Term loan B due 2028 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Write-off related to debt issuance costs |  | $ 1,000,000 | $ 1,000,000 | 1,000,000 | $ 6,000,000 |
Revolving Credit Facility | 2025 Credit Facilities |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Maximum borrowing capacity | $ 357,000,000 |  |  |  |  |
Outstanding borrowings |  | 134,000,000 |  | 134,000,000 |  | $ 0
Amount of credit facility utilized to issue debt |  |  |  | 25,000,000 |  |
Remaining unused capacity under credit facility |  | 198,000,000 |  | 198,000,000 |  |
Revolving Credit Facility | 2025 Credit Facilities | Minimum |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Commitment fee percentage of unutilized commitments | 0.30% |  |  |  |  |
Revolving Credit Facility | 2025 Credit Facilities | Maximum |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Commitment fee percentage of unutilized commitments | 0.55% |  |  |  |  |
Revolving Credit Facility | 2025 Credit Facilities | Secured Overnight Financing Rate (SOFR) | Minimum |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 1.75% |  |  |  |  |
Revolving Credit Facility | 2025 Credit Facilities | Secured Overnight Financing Rate (SOFR) | Maximum |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 3.00% |  |  |  |  |
Revolving Credit Facility | 2025 Credit Facilities | Base Rate | Minimum |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 0.75% |  |  |  |  |
Revolving Credit Facility | 2025 Credit Facilities | Base Rate | Maximum |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 2.00% |  |  |  |  |
Revolving Credit Facility | 2025 Credit Facilities | August 26, 2028 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Maximum borrowing capacity | $ 187,000,000 |  |  |  |  |
Revolving Credit Facility | 2025 Credit Facilities | October 15, 2026 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Maximum borrowing capacity | 170,000,000 |  |  |  |  |
Letter of Credit | 2025 Credit Facilities |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Maximum borrowing capacity | $ 93,000,000 |  |  |  |  |
Amount of credit facility utilized to issue debt |  |  |  | 82,000,000 |  |
Remaining unused capacity under credit facility |  | $ 11,000,000 |  | $ 11,000,000 |  |
Letter of Credit | 2025 Credit Facilities | Minimum |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Commitment fee percentage of unutilized commitments | 0.30% |  |  |  |  |
Interest rate | 1.05% |  |  |  |  |
Letter of Credit | 2025 Credit Facilities | Maximum |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Commitment fee percentage of unutilized commitments | 0.55% |  |  |  |  |
Interest rate | 1.80% |  |  |  |  |

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