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Long-term Debt (Tables) | 3 Months Ended
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Mar. 31, 2025
Debt Disclosure [Abstract] |
Schedule of Debt | The Company's long-term debt consists of the following (dollars in thousands):
|  | March 31, 2025 |  | December 31, 2024
4.125% Senior Notes due April 2029 |  | $ | 400,000 |  |  | $ | 400,000 |
Credit Agreement |  | 38,490 |  |  | 1,500 |
Debt issuance costs |  | (4,300) |  |  | (3,380) |
Long-term debt, net |  | $ | 434,190 |  |  | $ | 398,120 |
The carrying amounts and fair values were as follows (dollars in thousands):
|  | March 31, 2025 |  | December 31, 2024
|  | Carrying Amount |  | Fair Value |  | Carrying Amount |  | Fair Value
4.125% Senior Notes due April 2029 |  | $ | 400,000 |  |  | $ | 370,000 |  |  | $ | 400,000 |  |  | $ | 365,000 |
Revolving credit facility |  | 38,490 |  |  | 38,490 |  |  | 1,500 |  |  | 1,500 |
Debt Instrument Redemption [Table Text Block] | The Company may redeem all or part of the 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 Line of Credit Facilities | Below is a summary of key terms under the Credit Agreement as of March 31, 2025, compared to the key terms prior to the amendment (showing gross availability):
Instrument |  | Amount ($ in millions) |  | Maturity Date |  |
Credit Agreement (as amended) |  |  |  |  |  |
Senior secured revolving credit facility |  | $250.0 |  | 3/31/2030 |  |
Credit Agreement (prior to amending) |  |  |  |  |  |
Senior secured revolving credit facility |  | $300.0 |  | 3/29/2026 |  |

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- 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
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- 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
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- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)(b)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)(b)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
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