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Financial Commitments (Tables) | 6 Months Ended
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Jun. 30, 2024
Debt Disclosure [Abstract] |
Schedule of Long-Term Debt | Long-term debt as reported on the Condensed Consolidated Balance Sheets consisted of the following:
(in thousands) |  | As of June 30, 2024 |  | As of December 31, 2023
2024 Senior Notes |  | $ | 376,232 |  |  | $ | — |
2017 Senior Notes |  | — |  |  | 498,410 |
Term Loan B |  | 266,369 |  |  | 357,744 |
Revolver |  | — |  |  | — |
Equipment financing and mortgages |  | 31,724 |  |  | 34,807 |
Other indebtedness |  | 2,112 |  |  | 8,784 |
Total debt |  | 676,437 |  |  | 899,745 |
Less: Current maturities(a) |  | 18,602 |  |  | 117,431 |
Long-term debt, net |  | $ | 657,835 |  |  | $ | 782,314 |
____________________________________________________________________________________________________ (a)Cu rrent maturities at December 31, 2023 included the $91.0 million principal prepayment on the Term Loan B that was made in February 2024.
Schedule of Reconciliation of Outstanding Debt Balance to Reported Debt Balance | The following table reconciles the outstanding debt balances to the reported debt balances as of June 30, 2024 and December 31, 2023:
| As of June 30, 2024 |  | As of December 31, 2023
(in thousands) | Outstanding Debt | Unamortized Discounts and Issuance Costs | Debt, as reported |  | Outstanding Debt | Unamortized Discounts and Issuance Costs | Debt, as reported
2024 Senior Notes | $ | 400,000 |  | $ | (23,768) |  | $ | 376,232 |  |  | $ | — |  | $ | — |  | $ | — |
2017 Senior Notes | — |  | — |  | — |  |  | 500,000 |  | (1,590) |  | 498,410 |
Term Loan B | 273,988 |  | (7,619) |  | 266,369 |  |  | 367,154 |  | (9,410) |  | 357,744 |
Schedule of Interest Expense as Reported in the Consolidated Statements of Operations | Interest expense as reported in the Condensed Consolidated Statements of Operations consisted of the following:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands) | 2024 | 2023 |  | 2024 | 2023
Cash interest expense: |  |  |  |  |
Interest on Term Loan B | $ | 7,084 |  | $ | 9,250 |  |  | $ | 15,572 |  | $ | 18,999 |
Interest on 2017 Senior Notes | 2,960 |  | 8,594 |  |  | 11,554 |  | 17,188 |
Interest on 2024 Senior Notes | 8,708 |  | — |  |  | 8,708 |  | — |
Interest on Revolver | 973 |  | 2,807 |  |  | 973 |  | 4,552 |
Other interest | 799 |  | 364 |  |  | 1,218 |  | 785 |
Total cash interest expense | 20,524 |  | 21,015 |  |  | 38,025 |  | 41,524 |
Non-cash interest expense:(a) |  |  |  |  |
Amortization of discount and debt issuance costs on Term Loan B | 473 |  | 529 |  |  | 1,791 |  | 1,100 |
Amortization of debt issuance costs on 2017 Senior Notes | 99 |  | 277 |  |  | 392 |  | 550 |
Amortization of debt issuance costs on 2024 Senior Notes | 632 |  | — |  |  | 632 |  | — |
Amortization of debt issuance costs on Revolver | 158 |  | 195 |  |  | 353 |  | 355 |
Non-cash portion of loss on extinguishment | 1,198 |  | — |  |  | 1,198 |  | — |
Total non-cash interest expense | 2,560 |  | 1,001 |  |  | 4,366 |  | 2,005 |
Total interest expense | $ | 23,084 |  | $ | 22,016 |  |  | $ | 42,391 |  | $ | 43,529 |
____________________________________________________________________________________________________ (a)The combination of cash and non-cash interest expense produces effective interest rates that are higher than contractual rates. Accordingly, the effective interest rates for the 2024 Senior Notes, 2017 Senior Notes and Term Loan B were 13.56%, 7.13% and 12.27%, respectively, for the six months ended June 30, 2024.

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