XML 44 R36.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Debt - Credit Facilities - Additional Information (Details)
$ in Thousands
6 Months Ended
Jul. 03, 2023
USD ($)
Jun. 30, 2024
USD ($)
May 10, 2024
USD ($)
Dec. 31, 2023
USD ($)
Debt Instrument [Line Items]        
Borrowings   $ 400,262 $ 265,000 $ 130,494
Lineof credit covenants compliance description   The Company was in compliance with these covenants as of June 30, 2024.    
Liquidity   $ 10,000    
Leverage ratio   4    
Qualified acquisition leverage ratio   0.5    
Permitted acquisition leverage ratio   0.5    
Permitted acquisitions additional step up ratio   0.25    
Interest coverage ratio   2.75    
Service coverage ratio   1.25    
Minimum        
Debt Instrument [Line Items]        
Profroma leverage ratio   3.25    
Minimum | Commitment fees        
Debt Instrument [Line Items]        
Debt instrument, interest rate margin   0.375%    
Maximum        
Debt Instrument [Line Items]        
Leverage ratio   3.5    
Maximum | Commitment fees        
Debt Instrument [Line Items]        
Debt instrument, interest rate margin   0.50%    
SOFR        
Debt Instrument [Line Items]        
Credit facilities to accrue interest rate   0.10%    
SOFR | Minimum | Letter of credit fees        
Debt Instrument [Line Items]        
Debt instrument, interest rate margin   2.75%    
SOFR | Maximum | Letter of credit fees        
Debt Instrument [Line Items]        
Debt instrument, interest rate margin   3.75%    
Base rate | Minimum        
Debt Instrument [Line Items]        
Debt instrument, interest rate margin   1.75%    
Base rate | Maximum        
Debt Instrument [Line Items]        
Debt instrument, interest rate margin   2.75%    
Term Loan        
Debt Instrument [Line Items]        
Debt instrument, face amount $ 100,000      
Line of credit facility term 4 years      
Borrowings   $ 350,000   95,000
Repayment of debt   100,000    
Term Loan | Credit Agreement Amendment        
Debt Instrument [Line Items]        
Debt instrument, face amount     350,000  
Revolving Credit Facility        
Debt Instrument [Line Items]        
Line of credit facility, amount $ 50,000 75,000    
Borrowings   $ 50,000   $ 35,000
Revolving Credit Facility | Credit Agreement Amendment        
Debt Instrument [Line Items]        
Line of credit facility, amount     $ 75,000