Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2026

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

Long-term debt consisted of the following as of:

	March 31,		December 31,
	2026		2025
	(in thousands)
Term note with interest payable monthly, interest rate at Adjusted SOFR, plus an applicable margin of 2.25% (5.91774% at March 31, 2026) quarterly principal payments of 0.25% of original principal balance with balloon payment due July 2031	$	525,250	$	526,625
Revolver with interest payable monthly, interest rate at Adjusted SOFR, plus an applicable margin of 2.00% (5.66484% at March 31, 2026), and outstanding balance due July 2030	—		—
Principal debt	525,250		526,625
Deferred financing costs on long-term debt	(2,333)		(2,447)
Discount on long-term debt	(751)		(787)
Total debt	522,166		523,391
Less current maturities	5,500		5,500
Long-term portion	$	516,666	$	517,891

Schedule of Interest Rate Swap Agreements in Connection With Credit Facilities

The Company has entered into the following interest rate swap agreements in connection with its Credit Facilities to convert a portion of the floating rate component of the Term Loan from a floating rate to fixed rate:

	Effective	Expiration	Fixed Interest		Notional		Asset (Liability) Fair Value at
Swap	Date	Date	Rate		Amount		March 31, 2026
					(in thousands)		(in thousands)
Initial Swap	October 31, 2022	October 31, 2027	4.212	%	$	200,000	$	(1,749)
Second Swap	March 31, 2023	October 31, 2027	3.951	%	$	100,000	$	(469)
Third Swap	September 20, 2024	October 31, 2027	3.395	%	$	125,000	$	485

Schedule of Maturities of Long-term Debt

Aggregate maturities of the Company’s debt for the years ending December 31 are as follows as of March 31, 2026 (in thousands):

Year ending December 31:
2026 (remainder of year)	$	4,125
2027	5,500
2028	5,500
2029	5,500
2030	5,500
Thereafter	499,125
Total aggregate maturities of the Company’s debt	$	525,250