XML 46 R34.htm IDEA: XBRL DOCUMENT v3.25.1
INDEBTEDNESS (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Debt
Long-term debt consisted of the following as of March 31, 2025 (in thousands):
Principal AmountDiscountDebt Issuance CostsNet Balance
Revolver Facility$— $— $— $— 
First Lien Term Loan629,988 (5,194)(7,087)617,707 
Senior Notes500,000 — (7,035)492,965 
$1,129,988 $(5,194)$(14,122)1,110,672 
Less: current portion(6,512)
Total long-term debt$1,104,160 
Long-term debt consisted of the following as of December 31, 2024 (in thousands):
Principal AmountDiscountDebt Issuance CostsNet Balance
Revolver Facility$— $— $— $— 
First Lien Term Loan631,617 (5,537)(7,555)618,525 
Senior Notes500,000 — (7,372)492,628 
$1,131,617 $(5,537)$(14,927)1,111,153 
Less: current portion(6,512)
Total long-term debt$1,104,641 
Schedule of Long-term Debt Maturities
Long-term debt matures as follows (in thousands):
Fiscal Year Ended December 31,Minimum Payments
2025$4,884 
20266,512 
20276,512 
2028612,080 
2029500,000 
Total$1,129,988 
Schedule of Estimated Fair Values of Debt Obligations
The following table presents the estimated fair values of the Company’s debt obligations as of March 31, 2025 (in thousands):
Financial Instrument
Carrying Value as of March 31, 2025
Markets for Identical Item (Level 1)Significant Other Observable Inputs
(Level 2)
Significant Unobservable Inputs (Level 3)
First Lien Term Loan$617,707 $— $631,563 $— 
Senior Notes492,965 — 463,750 — 
Total debt instruments$1,110,672 $— $1,095,313 $—