XML 52 R38.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Long-term Debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Debt | The Company's long-term debt consists of the following (dollars in thousands):
|  | December 31, 2023 |  | December 31, 2022
4.125% Senior Notes due April 2029 |  | $ | 400,000 |  |  | $ | 400,000 |
Debt issuance costs |  | (4,340) |  |  | (5,270) |
Long-term debt, net |  | $ | 395,660 |  |  | $ | 394,730 |
The carrying amounts and fair values were as follows (dollars in thousands):
|  | December 31, 2023 |  | December 31, 2022
|  | Carrying Amount |  | Fair Value |  | Carrying Amount |  | Fair Value
4.125% Senior Notes due April 2029 |  | $ | 400,000 |  |  | $ | 364,000 |  |  | $ | 400,000 |  |  | $ | 344,000 |
Debt Instrument Redemption | On or after April 15, 2024, the Company may redeem all or part of the 2029 Senior Notes at the redemption prices (expressed as percentages of principal amount) set forth below, plus accrued and unpaid interest, if any, to the redemption date, if redeemed during the twelve-month period beginning on April 15 of the years indicated below:
Year |  | Percentage
2024 |  | 102.063 | %
2025 |  | 101.031 | %
2026 and thereafter |  | 100.000 | %
Schedule of Maturities of Long-term Debt | Future maturities of the face value of long-term debt at December 31, 2023 are as follows (dollars in thousands):
Year Ending December 31: |  | Future Maturities
2024 |  | $ | — |
2025 |  | — |
2026 |  | — |
2027 |  | — |
2028 |  | — |
Thereafter |  | 400,000 |
Total |  | $ | 400,000 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of debt instruments or arrangements with redemption features. Includes, but is not limited to, description of debt redemption features, percentage price at which debt can be redeemed by the issuer, and period start and end for debt maturity or redemption. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentRedemptionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 470 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481544/470-10-50-1 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration