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Debt (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Components of Debt
Debt consisted of the following:
 December 31,
20242023
(in thousands)
$400 million senior unsecured notes due 2029 ("2019 Senior Notes") with an effective interest rate of 3.88%, less a discount and deferred issuance costs of $3.0 million and $3.6 million at December 31, 2024 and December 31, 2023, respectively
$397,042 $396,440 
$450 million senior unsecured notes due 2031 ("2020 Senior Notes") with an effective interest rate of 3.86%, less a discount and deferred issuance costs of $3.7 million and $4.3 million at December 31, 2024 and December 31, 2023, respectively
446,300 445,690 
$600 million senior unsecured notes due 2034 ("2024 Senior Notes") with an effective interest rate of 6.11%, less a discount and deferred issuance costs of $11.2 million at December 31, 2024
588,764 — 
$500 million unsecured term loan due 2024 ("2023 Term Loan") with an effective interest rate of 6.83%, less a discount and deferred issuance costs of $0.7 million at December 31, 2023
 499,268 
$1 billion senior unsecured revolving credit facility with an effective interest rate of 6.10%, less deferred issuance costs of $3.6 million and $1.9 million at December 31, 2024 and December 31, 2023, respectively
336,420 226,621 
Total debt$1,768,526 $1,568,019 
Less: current portion 499,268 
Total long-term debt$1,768,526 $1,068,751 
Schedule of Maturities of Long-term Debt
As of December 31, 2024, the scheduled principal maturities of debt, net of unamortized discounts, premiums, and deferred issuance costs, were as follows:
(in thousands)Senior NotesRevolving Credit
Facility
Total
2025$— $— $— 
2026— — — 
2027— — — 
2028— — — 
2029397,042 336,420 733,462 
Thereafter1,035,064 — 1,035,064 
Total payments$1,432,106 $336,420 $1,768,526