v3.26.1
Debt
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Debt Debt
Certain debt instruments of ours contain restrictive covenants and cross-default provisions. In order to borrow under the debt agreements, we must be in compliance with the applicable covenants and certain other conditions, all of which management believes we, as applicable, were in compliance with at June 30, 2026. In the event we do not comply with the applicable covenants and other conditions, alternative sources of funding may need to be pursued.
On May 15, 2026, we entered into a second amendment to our secured credit agreement, increasing our Term Loan B by an aggregate principal amount of $400.0 million and reducing the interest rate margin by 0.25%. After the second amendment, the aggregate principal amount of the Term Loan B outstanding was $895.0 million. Our Term Loan B has a Secured Overnight Financing Rate based interest rate and a mandatory annual amortization of $9.0 million.
Long-term Debt Outstanding Long-term debt outstanding was as follows:
Weighted
Average
Interest
Rate at
June 30, 2026
June 30, 2026June 30, 2025December 31, 2025
(In thousands)
Term loan A agreement due on March 7, 2030
5.48 %$256,416 $263,033 $259,725 
Term loan B agreement due on March 8, 2032
5.40 %892,762 498,750 496,250 
Revolving credit agreement7.50 %61,000 183,000 — 
Senior notes due on May 1, 2031
7.75 %425,000 425,000 425,000 
Other notes due on January 1, 2061
— %71 216 167 
Less unamortized debt issuance costs17,943 17,045 15,604 
Total long-term debt1,617,306 1,352,954 1,165,538 
Less current maturities17,221 11,780 11,708 
Net long-term debt$1,600,085 $1,341,174 $1,153,830 
Schedule of Debt Maturities Long-term debt maturities, which excludes unamortized debt issuance costs, at June 30, 2026, were as follows:
Remainder of
2026
2027202820292030Thereafter
(In thousands)
Long-term debt maturities$7,784 $20,601 $22,184 $27,147 $280,046 $1,277,487