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Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Summary of Long-term Debt Instruments

Long-term debt consists of the following:

 

 

June 30, 2024

 

 

December 31, 2023

 

Term loans

 

$

196,500

 

 

$

197,500

 

Delayed Draw term loans

 

 

91,531

 

 

 

91,994

 

Total long-term debt

 

 

288,031

 

 

 

289,494

 

Less: Current portion of long-term debt

 

 

(2,925

)

 

 

(2,925

)

Less: Unamortized discount and debt issue costs (1)

 

 

(5,647

)

 

 

(6,284

)

Total Long-Term Debt, Net of Current Portion
   and Unamortized Discount and Debt Issue Costs

 

$

279,459

 

 

$

280,285

 

(1)
The unamortized debt issue costs related to long-term debt are presented as a reduction of the carrying amount of the corresponding liabilities on the unaudited consolidated balance sheets. Unamortized debt issue costs related to delayed draw term loan commitments and revolving loans are presented within other noncurrent assets on the unaudited consolidated balance sheets.
Summary of Interest Expense

Interest expense, net consists of the following:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Interest expense, net

 

$

5,823

 

 

$

5,119

 

 

$

11,726

 

 

$

10,211

 

Summary of Maturities of Long-term Debt

Future principal payments on long-term debt as of June 30, 2024 are as follows:

Year Ended December 31,

 

Amount

 

Remainder of 2024

 

$

1,463

 

2025

 

 

2,925

 

2026

 

 

2,925

 

2027

 

 

2,925

 

2028

 

 

277,793

 

Total

 

$

288,031