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Long-Term Debt and Financing Arrangements (Tables)
 3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt

Our outstanding Notes are as follows (in thousands):

 

March 31,

 

 

December 31,

 

 

2024

 

 

2023

 

 

 

 

 

 

 

Interim funding for equipment received and expected to be converted to an equipment note in a subsequent period; interest paid at a variable rate

$

707

 

 

$

3,265

 

 

 

 

 

 

 

Secured Equipment Notes due on various dates in 2029 commencing on various dates in 2024; interest is paid monthly at a fixed annual rate between 5.73% and 6.14%

 

14,106

 

 

 

-

 

 

 

 

 

 

 

Secured Equipment Notes due on various dates in 2028 commencing on various dates in 2023; interest is paid monthly at a fixed annual rate between 5.21% and 6.32%

 

100,180

 

 

 

105,744

 

 

 

 

 

 

 

Secured Equipment Notes due on various dates in 2027 commencing on various dates in 2022 and 2023; interest is paid monthly at a fixed annual rate between 2.07% and 6.45%

 

137,746

 

 

 

147,192

 

 

 

 

 

 

 

Secured Equipment Notes due on various dates in 2026 commencing on various dates in 2021; interest is paid monthly at a fixed annual rate between 1.48% and 2.41%

 

52,804

 

 

 

55,797

 

 

 

 

 

 

 

Secured Equipment Notes due on various dates in 2025 commencing on various dates in 2020; interest is paid monthly at a fixed annual rate between 1.51% and 1.80%

 

24,827

 

 

 

30,930

 

 

 

 

 

 

 

Secured Equipment Notes due on various dates in 2024 commencing on various dates in 2017, 2019 and 2020; interest is paid monthly at a fixed annual rate between 2.58% and 3.40%

 

4,440

 

 

 

7,754

 

 

 

 

 

 

 

Total debt

 

334,810

 

 

 

350,682

 

 

 

 

 

 

 

Less current portion of long-term debt

 

(104,035

)

 

 

(105,108

)

Total long-term debt

$

230,775

 

 

$

245,574