Debt (Tables)

9 Months Ended

Sep. 30, 2023

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Long-term debt consisted of the following (in thousands):

	September 30,		December 31,
	2023		2022
Bank credit facility - term loan	$	182,500	$	100,000
Bank credit facility - revolving facility	281,000		188,610
Principal amount of long-term debt	463,500		288,610
Less: debt issuance costs	(2,730)		(2,310)
Total long-term debt	460,770		286,300
Less: current portion	(19,000)		(10,000)
Long-term debt, less current portion	$	441,770	$	276,300

Schedule of Term Loan Payments

Future required term loan and revolving facility payments as of September 30, 2023 are as follows (in thousands):

Year Ending	Term Loan		Revolving Facility		Total
Remainder of 2023	$	4,750	$	—	$	4,750
2024	19,000		—		19,000
2025	158,750		281,000		439,750
Total	$	182,500	$	281,000	$	463,500

We were in compliance with required ratios and other terms and conditions under our credit agreement as of September 30, 2023.