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Debt Obligations (Tables) | 3 Months Ended
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Mar. 31, 2025
Debt Disclosure [Abstract] |
Schedule of Debt Obligations | The Company’s debt obligations as of March 31, 2025 and December 31, 2024 were as follows:
| March 31, 2025 |  | December 31, 2024
| (in thousands)
2028 Notes | $ | 300,000 |  |  | $ | 300,000 |
2018 ABL Credit Facility | 47,000 |  |  | 47,000 |
Short-term debt (1) | 2,260 |  |  | 3,580 |
Total debt before deferred financing costs | $ | 349,260 |  |  | $ | 350,580 |
Deferred financing costs | (27,863) |  |  | (29,736) |
Total debt | $ | 321,397 |  |  | $ | 320,844 |
Less: Current portion of long-term debt | (2,260) |  |  | (3,580) |
Long-term debt | $ | 319,137 |  |  | $ | 317,264 |
(1)The weighted average interest rate of short-term debt outstanding was 7.9% at both March 31, 2025 and December 31, 2024.
Schedule of Debt Instrument Redemption | On and after February 1, 2026, the Company may redeem the 2028 Notes, in whole or in part, at the redemption prices (expressed as percentages of principal amount of the 2028 Notes to be redeemed) set forth below, plus accrued and unpaid interest, if any, to, but excluding the date of redemption, if redeemed during the periods indicated:
|  | Redemption Price
February 1, 2026 to January 31, 2027 |  | 106.500 | %
February 1, 2027 to October 31, 2027 |  | 103.250 | %
November 1, 2027 and thereafter |  | 100.000 | %
Schedule of Fair Value of Debt Obligations | The estimated fair value of the Company’s debt obligations at March 31, 2025 and December 31, 2024 was as follows:
| March 31, 2025 |  | December 31, 2024
| (in thousands)
2028 Notes | $ | 199,404 |  |  | $ | 197,283 |
2018 ABL Credit Facility | $ | 47,000 |  |  | $ | 47,000 |
Short-term debt | $ | 2,260 |  |  | $ | 3,580 |

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- Definition Tabular disclosure of debt instruments or arrangements with redemption features. Includes, but is not limited to, description of debt redemption features, percentage price at which debt can be redeemed by the issuer, and period start and end for debt maturity or redemption. + References No definition available. + Details
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