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LONG-TERM DEBT (Tables)

6 Months Ended

Jun. 30, 2024

LONG-TERM DEBT

Schedule of long-term debt

​

​	​	​	​	​	​	​
​	​	June 30,		​	December 31,
​		2024			2023
Convertible Notes due 2028	​	$	575,000	​	$	575,000
Term Loan Facility due 2026	​	​	345,000	​	​	355,000
Gross long-term debt, including current maturities	​	​	920,000	​	​	930,000
Less: debt discount	​	​	(12,691)	​	​	(14,321)
Net long-term debt, including current maturities	​	​	907,309	​	​	915,679
Less: current maturities	​	​	(20,000)	​	​	(20,000)
Net long-term debt	​	$	887,309	​	$	895,679

Schedule of contractual maturities of gross long-term debt

​

​	​	​	​
Year Ending December 31,		​
2024 (remaining)	​	$	10,000
2025	​	​	20,000
2026	​	​	315,000
2027	​	​	—
2028	​	​	575,000
Total	​	$	920,000

Schedule of borrowings

​

​	​	​	​	​	​
​		June 30, 2024
​	​	Balance			Interest  Rate
Convertible Notes due 2028	​	$	575,000	​	2.50%
Term Loan Facility due 2026 at fixed interest rate due to interest rate swap	​	​	211,969	​	1.17%
Term Loan Facility due 2026 at variable interest rate	​	​	133,031	​	6.19%
Total borrowings	​	$	920,000	​	​

Schedule of interest expense and unused line of credit fees

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​

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Three Months Ended June 30,

​

Six Months Ended June 30,

​

​

2024

2023

2024

2023

​

Interest expense

​

$

6,365

​

$

2,701

​

$

12,667

​

$

5,290

​

Amortization of debt issuance costs

​

​

855

​

​

131

​

​

1,675

​

​

263

​

Capitalized interest

​

​

(271)

​

​

—

​

​

(271)

​

​

—

​

Total interest expense related to debt

​

$

6,949

​

$

2,832

​

$

14,071

​

$

5,553

​

Schedule of availability to withdraw on Revolving Facility

​

​	​	​	​	​	​	​
​	​	June 30,		​	December 31,
​		2024			2023
Available capacity on Revolving Facility	​	$	200,000	​	$	200,000

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