XML 80 R72.htm IDEA: XBRL DOCUMENT v3.25.1
Debt and Other Financing Arrangements - Credit Agreement - Narrative (Details) - USD ($)
1 Months Ended 12 Months Ended
May 03, 2023
Sep. 07, 2021
Dec. 31, 2024
May 31, 2024
Nov. 30, 2021
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Jun. 30, 2024
Debt Instrument [Line Items]                  
Credit agreement term   5 years              
Senior secured revolving credit facility   $ 275,000,000              
Payments of debt issuance costs           $ 5,400,000 $ 4,000,000 $ 700,000  
Debt instrument, interest rate, stated percentage               7.25%  
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage         0.50%        
Line of Credit Facility, Commitment Fee Percentage         0.375%        
Line Of Credit Facility, Fronting Fee Percentage         0.125%        
Maximum [Member]                  
Debt Instrument [Line Items]                  
Leverage Ratio, threshold             3.25%    
Bridge Loan [Member]                  
Debt Instrument [Line Items]                  
Senior secured revolving credit facility   $ 10,000,000              
Term B-1 Loans [Member]                  
Debt Instrument [Line Items]                  
Credit agreement term   7 years              
Senior secured term loan facility   $ 150,000,000     $ 500,000,000        
Debt instrument original maturity date   2028-09              
Payments of debt issuance costs   $ 32,000,000     4,300,000 $ 700,000      
Incremental Term B-1 loans increase amount         $ 350,000,000        
Debt instrument, interest rate, stated percentage     0.50%     0.50%      
Debt instrument updated maturity date         2028-11        
Debt Instrument, Basis Spread on Variable Rate     2.00%            
Debt instrument, interest rate during period     3.00%            
Term B-1 Loans [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                  
Debt Instrument [Line Items]                  
Debt Instrument, Basis Spread on Variable Rate     1.00%            
Debt instrument variable rate floor         0.25%        
Term B-2 Loans [Member]                  
Debt Instrument [Line Items]                  
Senior secured term loan facility         $ 650,000,000        
Debt instrument expiration date         2028-11        
Payments of debt issuance costs         $ 9,700,000        
Term B-3 Loans [Member]                  
Debt Instrument [Line Items]                  
Senior secured term loan facility $ 200,000,000                
Debt instrument expiration date 2028-11                
Deferred financing costs                 $ 700,000
Payments of debt issuance costs $ 1,900,000         $ 300,000      
Term B-3 Loans [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                  
Debt Instrument [Line Items]                  
Debt instrument variable rate floor 0.25%                
Term B-4 Loans [Member]                  
Debt Instrument [Line Items]                  
Senior secured term loan facility     $ 930,590,472     930,590,472      
Payments of debt issuance costs           $ 900,000      
Debt instrument, interest rate, stated percentage     0.50%     0.50%      
Debt Instrument, Basis Spread on Variable Rate     1.75%            
Debt instrument, interest rate during period     2.75%            
Term B-4 Loans [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                  
Debt Instrument [Line Items]                  
Debt Instrument, Basis Spread on Variable Rate     1.00%            
Debt instrument variable rate floor     0.50%            
7.25% Notes due 2023 [Member]                  
Debt Instrument [Line Items]                  
Debt instrument, interest rate, stated percentage             7.25%    
Senior Notes due 2024 [Member]                  
Debt Instrument [Line Items]                  
Debt instrument, interest rate, stated percentage         7.00%        
Senior Notes due 2025 [Member]                  
Debt Instrument [Line Items]                  
Debt instrument, interest rate, stated percentage         8.00%        
Incremental Term B-2 Loans [Member]                  
Debt Instrument [Line Items]                  
Deferred financing costs       $ 2,400,000          
Incremental increase to existing loans       300,000,000          
Floor [Member] | Base Rate Loans [Member]                  
Debt Instrument [Line Items]                  
Debt instrument variable rate floor         0.00%        
Standby Letters of Credit [Member]                  
Debt Instrument [Line Items]                  
Senior secured revolving credit facility   $ 40,000,000              
Revolving Credit Facility [Member]                  
Debt Instrument [Line Items]                  
Debt instrument expiration date   2026-09              
Deferred financing costs       $ 600,000          
Payments of debt issuance costs   $ 6,100,000     $ 1,300,000        
Upsize to the revolving credit facility         125,000,000        
Total commitments under the Revolving Credit Facility increased amount         $ 400,000,000        
Borrowings under the revolving credit facility     $ 0     $ 0 $ 152,500,000    
Line of credit facility, remaining borrowing capacity     $ 400,000,000     $ 400,000,000      
Debt Instrument, Basis Spread on Variable Rate         2.00%        
Debt instrument, interest rate during period         3.00%        
Revolving Credit Facility [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                  
Debt Instrument [Line Items]                  
Debt Instrument, Basis Spread on Variable Rate         1.00%        
Revolving Credit Facility [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Minimum [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Basis Spread on Variable Rate         2.75%        
Revolving Credit Facility [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Maximum [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Basis Spread on Variable Rate         3.00%        
Revolving Credit Facility [Member] | Federal Funds Rate [Member]                  
Debt Instrument [Line Items]                  
Debt instrument, interest rate, stated percentage         0.50%        
Revolving Credit Facility [Member] | One Month [Member]                  
Debt Instrument [Line Items]                  
Debt instrument, interest rate, stated percentage         0.10%        
Revolving Credit Facility [Member] | Three Months [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Basis Spread on Variable Rate         0.15%        
Revolving Credit Facility [Member] | Six Months [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Basis Spread on Variable Rate         0.25%        
Revolving Credit Facility [Member] | Base Rate Loans [Member] | Minimum [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Basis Spread on Variable Rate         1.75%        
Revolving Credit Facility [Member] | Base Rate Loans [Member] | Maximum [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Basis Spread on Variable Rate         2.00%        
Revolving Credit Facility [Member] | Incremental Term B-2 Loans [Member]                  
Debt Instrument [Line Items]                  
Debt instrument expiration date       2028-08          
Revolving Credit Facility [Member] | Floor [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                  
Debt Instrument [Line Items]                  
Debt instrument variable rate floor         0.00%