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Debt (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Debt

Debt consisted of the following (in thousands):

 

 

December 31,

 

 

2024

 

 

2023

 

Senior Credit Facilities – term loan

$

4,710

 

 

$

4,994

 

Less: unamortized debt issuance costs

 

(19

)

 

 

(26

)

Total current portion of long-term debt

 

4,691

 

 

 

4,968

 

 

 

 

 

 

 

Senior Credit Facilities – term loan

 

65,698

 

 

 

74,655

 

Senior Credit Facilities – revolving credit facility

 

348,751

 

 

 

278,404

 

Less: unamortized debt issuance costs

 

(2,500

)

 

 

(3,655

)

Total long-term debt

 

411,949

 

 

 

349,404

 

 

 

 

 

 

 

Total Senior Credit Facilities

$

416,640

 

 

$

354,372

 

Repayments of Outstanding Principal under Term Loan Facility

As of December 31, 2024, the outstanding principal under the Company’s term loan facility is scheduled to be repaid as follows (in thousands):

 

Principal Amount

 

2025

$

4,710

 

2026

 

4,710

 

2027

 

60,988

 

Total debt repayments

$

70,408