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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Summary of Long Term Debt

Long-term debt as December 31, 2023 and 2022, consists of the following (in thousands):

 

December 31,

 

 

2023

 

 

2022

 

Term B Loan

$

784,000

 

 

$

792,000

 

Term B Loan—discount

 

(1,436

)

 

 

(1,669

)

Term B Loan—deferred financing fees

 

(7,060

)

 

 

(8,199

)

           Term B Loan—net of discount and fees

 

775,504

 

 

 

782,132

 

Less: Current portion

 

(8,000

)

 

 

(8,000

)

           Total long-term debt—net of current portion

$

767,504

 

 

$

774,132

 

Summary of Debt Deferred Financing Fees and Discount

The table below is a roll forward of the Company's contra debt deferred financing fees and discount and deferred financing fees asset balances (in thousands):

 

Deferred

 

 

Discount—

 

 

Financing

 

 

Contra

 

 

Fees

 

 

Debt

 

Balance—December 31, 2021

$

12,363

 

 

$

1,926

 

  Amortization of fees and discount

 

(1,878

)

 

 

(257

)

Balance—December 31, 2022

 

10,485

 

 

 

1,669

 

  Amortization of fees and discount

 

(1,753

)

 

 

(233

)

Balance—December 31, 2023

$

8,732

 

 

$

1,436

 

Summary of Aggregate Maturities of Our Long-Term Debt

Scheduled Payments for Debt—Principal amounts due in each of the next five years, as of December 31, 2023, are as follows (in thousands):

Years Ending December 31:

 

 

2024

$

8,000

 

2025

 

8,000

 

2026

 

8,000

 

2027

 

8,000

 

2028

 

752,000

 

Total

$

784,000