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Debt
 6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Debt Debt
The Company's debt consists of the following:
(in thousands)June 30, 2022December 31, 2021
Senior Secured Term Loan due 2026:
Principal$400,000 $400,000 
Less: debt discount (1)
(5,334)(6,074)
Less: deferred financing (1)
(4,014)(4,569)
Net carrying value of Long-term debt$390,652 $389,357 
______________________________
(1) Included in the Consolidated Balance Sheets within long-term debt and amortized to interest expense over the remaining life of the Senior Secured Term Loan due 2026 using the effective interest rate method.
Interest Expense
The following table sets forth interest expense recognized related to the Company's debt for the three and six months ended June 30, 2022 and 2021, respectively:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2022202120222021
Contractual interest expense$7,589 $7,604 $15,089 $15,125 
Amortization of debt discount$375 $383 $739 $720 
Amortization of deferred financing$283 $262 $556 $485