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Debt (Tables)
 6 Months Ended
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, 2023December 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)2023202220232022
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