Credit Facility, Bank Loans, and Lines of Credit (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Schedule of Credit Facility

The Company’s debt balance consists of the following (in thousands):

	December 31, 2024			December 31, 2023
Term Loan	$	281,500		$	280,000
Revolver Loan		146,732			—
Promissory Note Payable		9,875			2,000
Total debt		438,107			282,000
Less: Current portion of debt		(9,375	)		(19,500	)
Less: Unamortized financing costs		(3,433	)		(3,561	)
Long-term debt	$	425,299		$	258,939

Schedule of Future Commitments of Credit Facility

The following are the future commitments, as of December 31, 2024, of the Company’s debt for the years ending December 31 (in thousands):

	Amount
2025*	$	16,875
2026		169,232
2027		34,250
2028		217,750
Total	$	438,107

* Of the future commitments in 2025, $9.4 million was classified within current portion of long-term debt on the consolidated balance sheets as a result of the refinancing as a part of the Second Amended and Restated Credit Agreement (see “Credit Facility” below for definition) with Truist Bank on February 26, 2025 (see Note 22—“Subsequent Events”). This portion represents the portion of the short-term obligation as of December 31, 2024 that was not extended into a long-term obligation through the refinancing.