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v3.22.2

Debt (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended |  |
--- | --- | --- | --- | ---
Jun. 30, 2022 | Mar. 31, 2022 | Jun. 30, 2022 | Dec. 31, 2021 | Jun. 30, 2021
Debt |  |  |  |  |
Remaining borrowing capacity | $ 203,100 |  | $ 203,100 |  |
Long term debt, net of issuance costs | 665,449 |  | 665,449 | $ 0 | $ 0
Line of Credit Facility, Maximum Amount Outstanding During Period | 694,400 |  |  |  |
Debt Issuance Costs, Net | $ 6,800 |  | $ 6,800 |  |
Debt, Instrument Rate, Over Life of Debt | 2.00% |  | 2.00% |  |
Minimum | Secured Debt | Eurodollar Applicable Margin Rate |  |  |  |  |
Debt |  |  |  |  |
Debt instrument, basis spread on variable rate |  |  | 0.75% |  |
Minimum | Secured Debt | Adjusted Base Rate |  |  |  |  |
Debt |  |  |  |  |
Debt instrument, basis spread on variable rate |  |  | 0.00% |  |
Maximum | Secured Debt | Eurodollar Applicable Margin Rate |  |  |  |  |
Debt |  |  |  |  |
Debt instrument, basis spread on variable rate |  |  | 1.75% |  |
Maximum | Secured Debt | Adjusted Base Rate |  |  |  |  |
Debt |  |  |  |  |
Debt instrument, basis spread on variable rate |  |  | 0.75% |  |
Line of Credit |  |  |  |  |
Debt |  |  |  |  |
Long-term Line of Credit | $ 450,000 |  | $ 450,000 |  |
Proceeds from Lines of Credit | 450,000 |  |  |  |
Revolving Credit Facility |  |  |  |  |
Debt |  |  |  |  |
Credit facility, total available credit | 450,000 |  | 450,000 |  |
Long-term Line of Credit | 450,000 |  | $ 450,000 |  |
Proceeds from Lines of Credit | 250,000 |  |  |  |
Line of Credit Facility, Increase (Decrease), Net | $ 50,000 |  |  |  |
Revolving Credit Facility | Line of Credit |  |  |  |  |
Debt |  |  |  |  |
Debt Instrument, Term |  | 5 years |  |  |
Revolving Credit Facility | Secured Debt |  |  |  |  |
Debt |  |  |  |  |
Debt Instrument, Term |  | 5 years |  |  |
Revolving Credit Facility | Minimum | Line of Credit |  |  |  |  |
Debt |  |  |  |  |
Commitment fee percentage |  |  | 0.10% |  |
Revolving Credit Facility | Minimum | Line of Credit | Eurodollar Applicable Margin Rate |  |  |  |  |
Debt |  |  |  |  |
Debt instrument, basis spread on variable rate |  |  | 0.00% |  |
Revolving Credit Facility | Minimum | Line of Credit | Daily Simple RFR |  |  |  |  |
Debt |  |  |  |  |
Debt instrument, basis spread on variable rate |  |  | 0.65% |  |
Revolving Credit Facility | Minimum | Line of Credit | Daily Simple RFR | United Kingdom, Pounds |  |  |  |  |
Debt |  |  |  |  |
Debt instrument, basis spread on variable rate |  |  | 0.68% |  |
Revolving Credit Facility | Maximum | Line of Credit |  |  |  |  |
Debt |  |  |  |  |
Commitment fee percentage |  |  | 0.25% |  |
Revolving Credit Facility | Maximum | Line of Credit | Eurodollar Applicable Margin Rate |  |  |  |  |
Debt |  |  |  |  |
Debt instrument, basis spread on variable rate |  |  | 0.50% |  |
Revolving Credit Facility | Maximum | Line of Credit | Daily Simple RFR |  |  |  |  |
Debt |  |  |  |  |
Debt instrument, basis spread on variable rate |  |  | 1.50% |  |
Revolving Credit Facility | Maximum | Line of Credit | Daily Simple RFR | United Kingdom, Pounds |  |  |  |  |
Debt |  |  |  |  |
Debt instrument, basis spread on variable rate |  |  | 1.53% |  |

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- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
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- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1D -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495340-112611 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28555-108399 + Details
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- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 + Details
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- Definition The fee, expressed as a percentage of the line of credit facility, for the line of credit facility regardless of whether the facility has been used. + References No definition available. + Details
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- Definition Amount of current borrowing capacity under the credit facility considering any current restrictions on the amount that could be borrowed (for example, borrowings may be limited by the amount of current assets), but without considering any amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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- Definition Amount of increase (decrease) of the credit facility. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(f)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details
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- Definition The carrying value as of the balance sheet date of the noncurrent portion of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=99376301&loc=d3e1336-112600 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=99376301&loc=d3e1314-112600 + Details
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