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Debt (Tables)
 6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Liability Components of Long-Term Debt
The following table summarizes the Company's debt for each of the periods indicated:
(in thousands)June 30, 2024December 31, 2023
Senior Secured Term Loan due 2029:
Principal$400,000 $400,000 
Less: debt discount (1)
(8,794)(9,652)
Less: deferred financing (1)
(2,267)(2,490)
Net carrying value of long-term debt$388,939 $387,858 
______________________________
(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 due 2029 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, 2024 and 2023, respectively:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2024202320242023
Contractual interest expense$11,941 $11,789 $23,915 $23,019 
Amortization of debt discount$436 $395 $858 $776 
Amortization of deferred financing$124 $297 $233 $583