Debt Obligations (Tables)

9 Months Ended

Sep. 30, 2025

Debt Instrument [Line Items]

Schedule of components of debt obligations

Debt obligations consist of the following (in thousands):

	September 30,		December 31,
	2025		2024
Revolving credit facility	$	100,000	$	—
Notes to former owners		35,325		67,593
Other debt		673		742
Total debt		135,998		68,335
Less—current portion		(4,676)		(6,042)
Total long-term portion of debt	$	131,322	$	62,293

Schedule of future principal payments of debt

At September 30, 2025, future principal payments of debt are as follows (in thousands):

Year ending December 31—
2025 (remainder of the year)	$	22
2026		6,180
2027		24,229
2028		5,022
2029		545
2030		100,000
	$	135,998

Schedule of market rates relating to interest options under the Facility

Base Rate Loan Option:
Federal Funds Rate plus 0.50%	4.59%
Wells Fargo Bank, National Association Prime Rate	7.25%
One-month SOFR plus 1.00%	5.31%
SOFR Loan Option:
One-month SOFR	4.31%
Three-month SOFR	4.35%
Six-month SOFR	4.37%

Summary of additional margins

	Net Leverage Ratio
	Less than  1.00		1.00 to less than 1.75		1.75 to less than 2.50		2.50 to less than 3.00		3.00 or greater
Additional Per Annum Interest Margin Added Under:
Base Rate Loan Option	0.00	%	0.25	%	0.50	%	0.75	%	1.00	%
SOFR Loan Option	1.00	%	1.25	%	1.50	%	1.75	%	2.00	%
Letter of credit fees	1.00	%	1.25	%	1.50	%	1.75	%	2.00	%
Commitment fees on any portion of the Revolving Loan capacity not in use for borrowings or letters of credit at any given time	0.15	%	0.175	%	0.20	%	0.225	%	0.25	%

Notes to former owners

Debt Instrument [Line Items]

Schedule of future principal payments of debt

On September 30, 2025, future principal payments of notes to former owners by maturity year were as follows (dollars in thousands):

	Balance at		Range of Stated
	September 30, 2025		Interest Rates
2026	$	6,125	2.5 - 5.5	%
2027		24,200	4.0 - 5.5	%
2028		5,000	5.5	%
Total	$	35,325