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INDEBTEDNESS (Tables)
6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Debt
Long-term debt consisted of the following as of June 30, 2024 (in thousands):
Principal AmountDiscountDebt Issuance CostsNet Balance
Revolver Facility$— $— $— $— 
First Lien Term Loan634,872 (6,234)(8,506)620,132 
Senior Notes500,000 — (8,045)491,955 
$1,134,872 $(6,234)$(16,551)1,112,087 
Less: current portion(6,512)
Total long-term debt$1,105,575 
Long-term debt consisted of the following as of December 31, 2023 (in thousands):
Principal AmountDiscountDebt Issuance CostsNet Balance
Revolver Facility$— $— $— $— 
First Lien Term Loan588,000 (6,974)(9,678)571,348 
Senior Notes500,000 — (8,698)491,302 
$1,088,000 $(6,974)$(18,376)1,062,650 
Less: current portion(6,000)
Total long-term debt$1,056,650 
Schedule of Long-term Debt Maturities
Long-term debt matures as follows (in thousands):
Fiscal Year Ended December 31,Minimum Payments
2024$3,256 
20256,512 
20266,512 
20276,512 
2028612,080 
Thereafter500,000 
Total$1,134,872 
Schedule of Estimated Fair Values of Debt Obligations
The following table presents the estimated fair values of the Company’s debt obligations as of June 30, 2024 (in thousands):
Financial Instrument
Carrying Value as of June 30, 2024
Markets for Identical Item (Level 1)Significant Other Observable Inputs
(Level 2)
Significant Unobservable Inputs (Level 3)
First Lien Term Loan$620,132 $— $638,872 $— 
Senior Notes491,955 — 459,250 — 
Total debt instruments$1,112,087 $— $1,098,122 $—