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Financing Arrangements (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt
LevelTotal Net Leverage RatioTerm SOFR MarginABR Margin
I
If the Total Net Leverage Ratio is greater than 3.00:1.00
2.75%1.75%
II
If the Total Net Leverage Ratio is less than or equal to 3.00:1.00 and greater than 2.00:1.00
2.50%1.50%
III
If the Total Net Leverage Ratio is less than or equal to 2.00:1.00
2.25%1.25%
The following table presents the Company's outstanding debt:
As of
March 31, 2026December 31, 2025
Term Loan Facility$149,063 $150,000 
Less: unamortized discounts and issuance costs(1,186)(1,288)
Total debt, net147,877 148,712 
Less: current portion of long-term debt4,688 3,750 
Total long-term debt, net$143,189 $144,962 
Schedule of Interest Expense and Amortization of Debt Issuance Costs The following table presents interest expense and amortization of debt issuance costs recognized for the three months ended March 31, 2026 and 2025:
For the three months ended
March 31, 2026March 31, 2025
Contractual interest expense$2,692 $6,850 
Amortization of debt issuance costs207 209 
Total interest expense$2,899 $7,059 
Schedule of Aggregate Maturities
The aggregate maturities of all debt at March 31, 2026 are as follows:
Years ending December 31Amount
2026 (for the remaining period)$2,813 
20277,500 
2028138,750 
$149,063