Debt (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Components of Debt

The Company’s borrowings consist of the following:

				As of
(in thousands)	Maturities	Stated Interest Rate	Effective Interest Rate	March 31, 2025		December 31, 2024
Unsecured notes (1)	2026	5.75%	5.75%	$	399,162	$	398,985
Revolving credit facility	2027	5.79% - 7.88%	6.06%	184,719		62,836
Term loan (2)	2027	6.16% - 6.21%	6.27%	138,278		140,099
Real estate term loan (3)	2028	6.06% - 6.09%	6.14%	69,858		70,795
Capital term loan (4)	2028	6.31% - 6.34%	6.89%	55,189		56,770
Other indebtedness	2025 - 2028	2.50% - 8.00%		17,429		18,707
Total Debt				864,635		748,192
Less: current portion				(149,178)		(26,577)
Total Long-Term Debt				$	715,457	$	721,615

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(1)     The carrying value is net of $0.8 million and $1.0 million of unamortized debt issuance costs as of March 31, 2025 and December 31, 2024, respectively.

(2)     The carrying value is net of $0.5 million of unamortized debt issuance costs as of March 31, 2025 and December 31, 2024.

(3)     The carrying value is net of $0.1 million of unamortized debt issuance costs as of March 31, 2025 and December 31, 2024.

(4)     The carrying value is net of $0.6 million of unamortized debt issuance costs as of March 31, 2025 and December 31, 2024.