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Long‑Term Debt (Tables) | 12 Months Ended
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Dec. 31, 2021
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Instruments | Long‑term debt consists of the following:
| December 31,
| 2021 |  | 2020
Bank credit facility: |  |  |
Revolving loan facility | $ | — |  |  | $ | 246,000 |
Term loan: |  |  |
Principal | 200,000 |  |  | — |
Unamortized debt issuance costs | (534) |  |  | — |
Term loan net carrying value | 199,466 |  |  | — |
Bank credit facility net carrying value | 199,466 |  |  | 246,000 |
2026 Notes: |  |  |
Principal | 690,000 |  |  | — |
Unamortized debt issuance costs | (14,677) |  |  | — |
2026 Notes net carrying value | 675,323 |  |  | — |
2027 Notes: |  |  |
Principal | 575,000 |  |  | — |
Unamortized debt issuance costs | (13,797) |  |  | — |
2027 Notes net carrying value | 561,203 |  |  | — |
Total net carrying value | 1,435,992 |  |  | 246,000 |
Less: Current portion of long-term debt | (5,000) |  |  | — |
Total long-term debt | $ | 1,430,992 |  |  | $ | 246,000 |
Schedule of Interest Expense | Interest expense consists of the following:
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
Bank credit facility (1): |  |  |  |  |
Revolving loan facility | $ | 3,448 |  |  | $ | 5,680 |  |  | $ | 8,971 |
Term loans | 117 |  |  | 502 |  |  | — |
Interest rate swap | 1,270 |  |  | 696 |  |  | — |
Amortization and write-off of deferred debt issuance costs | 1,309 |  |  | 985 |  |  | 553 |
| 6,144 |  |  | 7,863 |  |  | 9,524 |
2026 Notes: |  |  |  |  |
0.125% Coupon interest | 803 |  |  | — |  |  | — |
Amortization of deferred debt issuance costs | 3,378 |  |  | — |  |  | — |
| 4,181 |  |  | — |  |  | — |
2027 Notes: |  |  |  |  |
0.375% Coupon interest | 1,096 |  |  | — |  |  | — |
Amortization of deferred debt issuance costs | 1,268 |  |  | — |  |  | — |
| 2,364 |  |  | — |  |  | — |
Other obligations | 108 |  |  | 50 |  |  | 207 |
Total interest expense | $ | 12,797 |  |  | $ | 7,913 |  |  | $ | 9,731 |
(1)The weighted average interest rate was 2.03%, 1.92%, and 3.47% for the years ended December 31, 2021, 2020, and 2019, respectively. Interest expense, net is comprised of the following:
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
Interest expense (see Note 10) | $ | (12,797) |  |  | $ | (7,913) |  |  | $ | (9,731) |
Interest income | 306 |  |  | 437 |  |  | 1,532 |
Interest expense, net | $ | (12,491) |  |  | $ | (7,476) |  |  | $ | (8,199) |
Schedule of Maturities of Long-term Debt | Scheduled maturities of long‑term debt are as follows:
|  | December 31, 2021
| 2022 | $ | 5,000 |
| 2023 | 5,000 |
| 2024 | 10,000 |
| 2025 | 180,000 |
| 2026 | 690,000 |
| Thereafter | 575,000 |
| Total scheduled maturities of long-term debt | $ | 1,465,000 |

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