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Debt (Tables)
 3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Debt
The following table summarizes our total outstanding borrowings related to the amended 2021 Credit Agreement and Convertible Senior Notes:
RateMaturity DateMarch 31, 2024December 31, 2023
2021 Credit Agreement
Revolving credit facility
S + 1.125%
April 2026$— $— 
Term Loan A-1
S + 1.125%
April 2026— 50,000 
Convertible Senior Notes due 20260.25%March 2026600,000 600,000 
Total borrowings600,000 650,000 
Less: unamortized debt discount and debt issuance costs(3,362)(3,993)
Total borrowings, net596,638 646,007 
Less: current portion of debt— (49,801)
Carrying value$596,638 $596,206 
The following sets forth the interest expense recognized related to the borrowings under the amended 2021 Credit Agreement and Convertible Senior Notes and is included in interest expense in the accompanying condensed consolidated statements of income:
Three Months Ended March 31,
20242023
Contractual interest expense - Revolving Credit Facility$(230)$(313)
Contractual interest expense - Term Loans(761)(5,641)
Contractual interest expense - Convertible Senior Notes(375)(375)
Amortization of debt discount and debt issuance costs (818)(1,355)
Total $(2,184)$(7,684)