v3.26.1
Long-term debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Summary of Long-term Debt and Interest Expense on Debt
Long-term debt consisted of the following:
As of
(in thousands)June 30,
2026
December 31,
2025
2026 Term Loan Facility
$148,125 $— 
2026 Revolving Credit Facility
30,000 — 
2021 Term Loan Facility— 148,953 
2021 Revolving Credit Facility— 5,000 
Unamortized debt issuance costs
(1,415)(544)
Total debt$176,710 $153,409 
Less: current portion, net of debt issuance costs of $332 and $357, respectively
(7,168)(21,807)
Total long-term debt$169,542 $131,602 
The Company incurred interest expense on the 2021 Credit Facilities and 2026 Credit Facilities for the three and six months ended June 30, 2026 and 2025 as below:
Three Months Ended
June 30,
Six Months Ended
June 30,
(in millions)2026202520262025
2026 Term Loan Facility$2.3 $— $2.5 $— 
2026 Revolving Credit Facility$0.3 $— $0.3 $— 
2021 Term Loan Facility$— $2.6 $2.0 $5.4 
2021 Revolving Credit Facility$— $0.1 $0.1 $0.3 
Amortization of debt issuance costs included within above interest expense:
2026 Credit Facility$0.1 $— $0.1 $— 
2021 Credit Facility$— $0.2 $0.1 $0.4 
Summary of Expected Future Principal Payments for Borrowings
The expected future principal payments for all borrowings as of June 30, 2026 were as follows:
(in thousands)Contractual maturity
2026–Remaining Period$3,750 
20277,500 
20287,500 
20297,500 
203013,125 
Thereafter
138,750 
178,125 
Unamortized debt issuance costs(1,415)
Total debt$176,710