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Credit Facilities (Tables)
12 Months Ended
Dec. 31, 2024
Line of Credit Facility [Abstract]  
Schedule Of Long-Term Borrowings

The Company’s long-term borrowings are as follows:

 

 

December 31, 2024

 

 

December 31, 2023

 

Credit facility

 

$

200,000

 

 

$

185,000

 

Less:

 

 

 

 

 

 

Unamortized deferred financing cost

 

 

(3,712

)

 

 

(853

)

Long-term borrowings

 

$

196,288

 

 

$

184,147

 

Summary of Maturities of Long-term Debt

As of December 31, 2024, the repayment schedule for the Term Loan and Revolving Facility borrowings was as follows:

Year ended December 31,

 

 

 

2025

 

$

6,250

 

2026

 

 

10,000

 

2027

 

 

12,500

 

2028

 

 

20,000

 

2029

 

 

151,250

 

Total*

 

$

200,000

 

* Includes $6,250 repayable against the Term Loan facility within the 12-month period ending December 31, 2024. The Company intends to draw against the available Revolving Facility to pay off Term Loan installments and therefore the total borrowings are included in “Long-term borrowings” on the consolidated balance sheets as of December 31, 2024.