Debt (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

The table below sets forth the Company’s long-term debt as presented in the consolidated balance sheets for the periods presented:

(in thousands)	December 31, 2023		December 31, 2022
Current portion of long-term debt
Term Loans	$	15,000	$	7,500
Total current portion of long-term debt	$	15,000	$	7,500
Long-term debt
Term Loans, due November 29, 2027 (interest rates of 7.71% and 6.76% at December 31, 2023 and 2022, respectively)	$	277,500	$	292,500
Revolving Credit Facility(1)	205,494		205,494
Unamortized discount and debt issuance costs	(3,206)		(4,004)
Total long-term debt, net	$	479,788	$	493,990

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(1)As of December 31, 2023, there was $194.5 million of available capacity under the Revolving Credit Facility.

Schedule of Future Principal Payments Information

Future principal payments by year of the Company’s long-term debt under the 2022 Credit Agreement as of December 31, 2023 are as follows:

(in thousands)
2024	$	15,000
2025	15,000
2026	22,500
2027	445,494
	$	497,994