v3.24.1.u1
Long-Term Debt (Tables)
 3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Long-term debt consisted of the following as of:
March 31,December 31,
20242023
(in thousands)
Term notes with interest payable monthly, interest rate at Adjusted SOFR, plus an applicable margin of 3.25% (8.44074% at March 31, 2024) quarterly principal payments of 0.25% of original principal balance with balloon payment due July 2028
$536,250 $537,625 
Revolver with interest payable monthly, interest rate at Adjusted SOFR, plus an applicable margin of 3.25% (8.44464% at March 31, 2024), and outstanding balance due July 2026
— — 
Principal debt536,250 537,625 
Deferred financing costs on long-term debt(3,758)(3,983)
Discount on long-term debt(1,364)(1,446)
Total debt531,128 532,196 
Less current maturities5,500 5,500 
Long-term portion$525,628 $526,696 
Schedule of Maturities of Long-term Debt
Aggregate maturities of the Company’s debt for the years ending December 31 are as follows as of March 31, 2024 (in thousands):
Year ending December 31:
2024 (remainder of year)
$4,125 
20255,500 
20265,500 
20275,500 
2028515,625 
Thereafter— 
Total aggregate maturities of the Company’s debt$536,250