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Long‑Term Debt (Tables)
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long‑term debt consists of the following:
March 31, 2021December 31, 2020
Bank credit facility:
Senior secured revolving loan facility$— $246,000 
2026 Notes:
Principal690,000 — 
Unamortized debt issuance costs(17,401)— 
Net carrying value672,599 — 
Total long-term debt$672,599 $246,000 
Schedule of Interest Expense
Interest expense consists of the following:
Three Months Ended
March 31,
20212020
Bank credit facility:
Senior secured revolving loan facility (1)
$729 $1,540 
Interest rate swap301 — 
Amortization and write-off of deferred debt issuance costs575 138 
1,605 1,678 
2026 Notes:
Coupon interest154 — 
Amortization of deferred debt issuance costs654 — 
808 — 
Other obligations(12)12 
Total interest expense$2,401 $1,690 
(1)The weighted average interest rate was 1.90% and 2.59% for the three months ended March 31, 2021 and 2020, respectively.
Interest expense, net is comprised of the following:
Three Months Ended
March 31,
20212020
Interest expense$(2,401)$(1,690)
Interest income82 302 
Interest expense, net$(2,319)$(1,388)