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Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2023

Long-Term Debt

Schedule of long-term debt

​

​	​	​	​	​	​	​
​	​	December 31,
(in thousands)		2023		​	2022
Credit Facility	​	$	287,025	​	$	251,250
​	​	​	​	​	​	​
6.25% senior notes due April 2028:	​	​	​	​	​	​
Principal outstanding	​		800,000	​		800,000
Unamortized debt premium	​	​	8,524	​		10,530
Unamortized debt issuance costs	​		(7,081)	​		(8,744)
​	​		801,443	​		801,786
​	​	​	​	​	​	​
6.875% senior notes due April 2027:	​	​	​	​	​	​
Principal outstanding	​	​	500,000	​		500,000
Unamortized debt issuance costs	​	​	(3,599)	​		(4,702)
​	​	​	496,401	​		495,298
​	​	​	​	​	​	​
Long-term debt	​	$	1,584,869	​	$	1,548,334

​

Schedule of financial ratios as defined in Credit Facility agreement

​

​	​	​
EBITDA to Interest Expense		2.5 to 1.0
Senior Secured Debt to EBITDA		3.0 to 1.0
Total Debt to EBITDA (1)		5.25 to 1.0

(1) Subject to a temporary increase to 5.50 to 1.0 for any quarter during which an acquisition satisfying certain thresholds is completed and for the two quarters immediately following such quarter.

Schedule of maturities of long-term debt

​

​	​	​	​
​		​	​
(in thousands)	​	​	​
2024	​	$	—
2025	​		—
2026	​		—
2027	​	​	496,401
2028	​		1,088,466
Thereafter	​		—

​

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