Debt

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Debt

Debt

The components of long-term debt are as follows:

(in thousands)	March 31, 2025		December 31, 2024
Bank revolving credit facility	$	—		$	—
Term debt	216,793			220,475
Finance lease obligations	5			6
Total debt	216,798			220,481
Less current maturities	15,009			15,008
Total long-term debt	$	201,789		$	205,473

As of March 31, 2025, $2.8 million of the revolver capacity was committed to irrevocable standby letters of credit issued in the ordinary course of business as required by vendors' contracts, resulting in $397.2 million in available borrowings.