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Long Term Debt (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Long-Term Debt

Long-term debt as of December 31, 2024 and 2023 is summarized as follows (in millions):

		2024				2023
Term Loan Facility		$	187.8			$	207.8
Less current maturities			-				(8.8	)
			187.8				199.0
Less unamortized debt issuance costs			(0.8	)			(1.1	)
		$	187.0			$	197.9

Scheduled Maturities of Long-Term Debt and Interest Payments

The scheduled maturities of long-term debt and interest payments schedule as of December 31, 2024 are as follows (in millions):

Year		Principal Maturity				Interest Payments (1)
2025		$	-			$	14.2
2026			10.0				13.8
2027			10.0				13.1
2028			167.8				2.7
		$	187.8			$	43.8

(1) Interest payments are based on an assumed rate of 7.43%, which was the rate as of December 31, 2024 for the associated 2023 Credit Facility.

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Schedule of maturities of long term debt and interest payments.

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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