Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2025

Debt Disclosure [Abstract]

Schedule of long-term debt and notes payable

As of June 30, 2025, the Company’s long-term debt is as follows:

	Principal Outstanding		Unamortized Premium (Discount)		Unamortized Issuance Costs		Carrying Value
	(in thousands)
6.875% senior notes	$	650,000	$	—	$	(11,141)	$	638,859
Credit facilities:
Revolving Credit Facility	85,000		—		—		85,000
Term Loan	947,625		(917)		(11,679)		935,029
Other debt(1)	7,036		—		—		7,036
Total debt	$	1,689,661	$	(917)	$	(22,820)	$	1,665,924

____________________________________________

(1)        Other debt is primarily comprised of insurance financing arrangements, promissory notes executed in connection with business combinations, and finance leases.

As of December 31, 2024, the Company’s long-term debt and notes payable are as follows:

	Principal Outstanding		Unamortized Premium (Discount)		Unamortized Issuance Costs		Carrying Value
	(in thousands)
6.875% senior notes	$	650,000	$	—	$	(11,925)	$	638,075
Credit facilities:
Term Loan	847,875		(995)		(11,468)		835,412
Other debt(1)	5,523		—		—		5,523
Total debt	$	1,503,398	$	(995)	$	(23,393)	$	1,479,010

____________________________________________

(1)        Other debt is primarily comprised of insurance financing arrangements, promissory notes executed in connection with business combinations, and finance leases.

Schedule of principal maturities of long-term debt and notes payable

As of June 30, 2025, principal maturities of the Company’s long-term debt and notes payable are as follows:

	2025		2026		2027		2028		2029		Thereafter		Total
	(in thousands)
6.875% senior notes	$	—	$	—	$	—	$	—	$	—	$	650,000	$	650,000
Credit facilities:
Revolving Credit Facility	—		—		—		—		85,000		—		85,000
Term Loan	4,750		9,500		9,500		9,500		9,500		904,875		947,625
Other debt, including finance leases	3,596		1,223		487		504		161		1,065		7,036
Total debt	$	8,346	$	10,723	$	9,987	$	10,004	$	94,661	$	1,555,940	$	1,689,661