Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2025

Debt Instrument [Line Items]

Schedule of outstanding long-term debt

Outstanding long-term debt consisted of the following (in thousands):

	September 30,		December 31,		September 30,
	2025		2024		2024
Term Loan Facility (1)	$	1,311,362	$	1,335,535	$	1,338,321
Real Estate Facilities (2)		163,018		173,132		183,497
Other Long-Term Debt		7,676		7,926		8,007
Subtotal		1,482,056		1,516,593		1,529,825
Less: current portion		(22,749)		(23,275)		(23,798)
Total	$	1,459,307	$	1,493,318	$	1,506,027

(1) Net of $7.7 million, $9.6 million, and $10.2 million of original issue discount as of September 30, 2025, December 31, 2024, and September 30, 2024, respectively, and $2.9 million, $3.8 million, and $3.9 million of finance costs as of September 30, 2025, December 31, 2024, and September 30, 2024, respectively.

(2) Net of $2.2 million, $3.1 million, and $3.3 million of finance costs as of September 30, 2025, December 31, 2024, and September 30, 2024, respectively.

Term Loan Facility

Debt Instrument [Line Items]

Schedule of outstanding amounts and available borrowings

The following table details the outstanding amounts and available borrowings under the Senior Secured Credit Facilities as of (in thousands):

	September 30,		December 31,		September 30,
	2025		2024		2024
Senior Secured Credit Facilities:
Term Loan Facility:
Principal amount of borrowings	$	1,400,000	$	1,400,000	$	1,400,000
Less: cumulative principal payments		(78,060)		(51,049)		(47,545)
Less: unamortized original issue discount		(7,665)		(9,600)		(10,228)
Less: unamortized finance costs		(2,913)		(3,816)		(3,906)
		1,311,362		1,335,535		1,338,321
Less: current portion		(14,015)		(14,015)		(14,015)
Long-term debt, net of current portion	$	1,297,347	$	1,321,520	$	1,324,306
Revolving Credit Facility:
Total commitment	$	65,000	$	65,000	$	65,000
Less: outstanding letters of credit		(4,902)		(4,902)		(4,902)
Less: total net leverage ratio borrowing limitation		(37,348)		(37,348)		(37,348)
Additional borrowing capacity	$	22,750	$	22,750	$	22,750

Real Estate Facilities

Debt Instrument [Line Items]

Schedule of outstanding amounts and available borrowings

	As of September 30, 2025
			Remaining			Wtd. Average
(In thousands)	Outstanding(1)		Available(2)			Interest Rate
Real Estate Facilities
M&T Real Estate Facility	$	159,850	$	57,390	(3)		6.52%
First CIBC Real Estate Facility		3,168		—			7.26%
	$	163,018	$	57,390

(1) Outstanding principal amounts are net of unamortized finance costs.

(2) Amounts cannot be reborrowed.

(3) Additional borrowings on the M&T Real Estate Facility are subject to a debt service coverage ratio covenant and to the property collateral requirements under the M&T Real Estate Facility.