XML 40 R29.htm IDEA: XBRL DOCUMENT v3.25.1

Debt Obligations (Tables)

3 Months Ended

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

X

- References

No definition available.

+ Details

Name:	us-gaap_DebtDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_DebtInstrumentRedemptionTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfCarryingValuesAndEstimatedFairValuesOfDebtInstrumentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration