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Debt (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Long-Term Debt

As of December 31, 2023 and 2022, our long-term debt was as follows (in thousands):

		December 31, 2023				December 31, 2022
2023 Convertible Notes:
2023 Convertible Notes – senior unsecured convertible notes, due     September 2028, cash interest at 3.875%		$	425,000			$	-
Less – deferred financing costs			(13,216	)			-
2023 Convertible Notes, net of unamortized discounts			411,784				-
2021 Credit Agreement:
2021 Term Loan, due September 2026, interest at adjusted SOFR plus     applicable margin (combined rate of 6.823% at December 31, 2023)			133,125				140,625
Less – deferred financing costs			(2,412	)			(2,656	)
2021 Term Loan, net of unamortized discounts			130,713				137,969
$450 million revolving loan facility, due September 2026, interest at adjusted     SOFR plus applicable margin			-				275,000
Total debt, net of unamortized discounts			542,497				412,969
Current portion of long-term debt, net of unamortized discounts			(7,500	)			(37,500	)
Long-term debt, net of unamortized discounts		$	534,997			$	375,469

Estimated Maturities on Long-Term Debt

As of December 31, 2023, the maturities of our long-term debt, based upon: (i) the maturity date of the 2023 Convertible Notes; and (ii) the mandatory repayment schedule for the 2021 Term Loan, were as follows (in thousands):

		2024				2025				2026				2027				2028				Total
2023 Convertible Notes		$	-			$	-			$	-			$	-			$	425,000			$	425,000
2021 Term Loan			7,500				7,500				118,125				-				-				133,125
Total long-term debt repayments		$	7,500			$	7,500			$	118,125			$	-			$	425,000			$	558,125

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