Debt (Tables)

6 Months Ended

Jun. 30, 2024

The Company’s debt as of June 30, 2024 and December 31, 2023, consisted of the following (in thousands):


	June 30, 2024		December 31, 2023
Senior Secured Credit Facility:
Revolving credit facility	$	82,500	$	46,000
Term Loan	301,875		310,625
Delayed Draw Term Loan	183,750		188,750
Total borrowings	568,125		545,375
Add: Remaining premium on interest rate caplets financed as debt	1,571		2,059
Less: Debt issuance costs	(3,955)		(4,860)
Total debt, net of debt issuance costs	565,741		542,574
Less: Current maturities	(28,489)		(28,483)
Total debt, net of current maturities	$	537,252	$	514,091

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details