v3.25.4
Debt (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Debt

Debt consisted of the following (in thousands):

 

December 31,

 

 

2025

 

 

2024

 

Senior Credit Facilities – term loans

$

6,242

 

 

$

4,710

 

Tangible Equity Units – Amortizing Notes

 

33,870

 

 

 

—

 

Less: unamortized debt issuance costs

 

(1,821

)

 

 

(19

)

Total current portion of long-term debt

$

38,291

 

 

$

4,691

 

 

 

 

 

 

 

Senior Credit Facilities – term loans

$

142,752

 

 

$

65,698

 

Senior Credit Facilities – revolving credit facility

 

—

 

 

 

348,751

 

Tangible Equity Units – Amortizing Notes

 

76,691

 

 

 

—

 

Less: unamortized debt issuance costs

 

(6,905

)

 

 

(2,500

)

Total long-term debt

$

212,538

 

 

$

411,949

 

 

 

 

 

 

 

Total debt

$

250,829

 

 

$

416,640

 

Repayments of Outstanding Principal under Term Loan Facility

As of December 31, 2025, the outstanding principal under the Company’s term loan facilities are scheduled to be repaid as follows (in thousands):

 

Principal Amount

 

2026

$

6,242

 

2027

 

8,117

 

2028

 

9,055

 

2029

 

9,055

 

2030

 

116,525

 

Total debt repayments

$

148,994