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Debt (Tables) | 6 Months Ended
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Jun. 30, 2023
Debt Disclosure [Abstract] |
Schedule of Liability Components of Long-Term Debt | The Company's debt consists of the following:
(in thousands) |  | June 30, 2023 |  | December 31, 2022
Senior Secured Term Loan due 2026: |  |  |  |
Principal |  | $ | 400,000 |  |  | $ | 400,000 |
Less: debt discount (1) |  | (3,795) |  |  | (4,571) |
Less: deferred financing (1) |  | (2,855) |  |  | (3,439) |
Net carrying value of Long-term debt |  | $ | 393,350 |  |  | $ | 391,990 |
______________________________ (1) Included in the Company's Consolidated Balance Sheets within long-term debt and amortized to interest expense over the remaining life of the Senior Secured Term Loan using the effective interest rate method.
Schedule of Components of Total 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, 2023 and 2022, respectively:
|  | Three Months Ended June 30, |  | Six Months Ended June 30, |  |
(in thousands) |  | 2023 |  | 2022 |  | 2023 |  | 2022 |  |  |  |
Contractual interest expense |  | $ | 11,789 |  |  | $ | 7,589 |  |  | $ | 23,019 |  |  | $ | 15,089 |  |  |  |  |
Amortization of debt discount |  | $ | 395 |  |  | $ | 375 |  |  | $ | 776 |  |  | $ | 739 |  |  |  |  |
Amortization of deferred financing |  | $ | 297 |  |  | $ | 283 |  |  | $ | 583 |  |  | $ | 556 |  |  |  |  |

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- Definition Tabular disclosure of convertible debt instrument. Includes, but is not limited to, principal amount and amortized premium or discount. + References No definition available. + Details
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