The Company’s outstanding debt as of September 30, 2024, March 31, 2024 and September 30, 2023 consisted of the following (in thousands):


	September 30, 2024		March 31, 2024		September 30, 2023

Revolving line of credit(1)	$	89,500	$	89,500	$	—
Term loan(1)	168,000		173,375		63,750
Finance lease obligations	—		57		228
Total debt(2)	257,500		262,932		63,978
Less: debt issuance costs	(602)		(806)		(1,015)
Total debt, net of issuance costs	256,898		262,126		62,963
Less: current portion	(100,250)		(100,307)		(5,228)
Long-term portion of debt	$	156,648	$	161,819	$	57,735

(1) See further discussion below. As of September 30, 2024, the Company was in compliance with all applicable financial covenants under the Amended Credit Agreement (as defined below).

(2) The gross carrying amounts of the Company’s long-term debt, before reduction of the debt issuance costs, and finance lease obligations approximate their fair values, based on Level 2 inputs (quoted prices for similar assets and liabilities in active markets or inputs that are observable), as the stated rates approximate market rates for loans with similar terms. The Company did not transfer any liabilities measured at fair value on a recurring basis to or from Level 2 for any of the periods presented.