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Debt (Tables) | 6 Months Ended
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Jun. 30, 2024
Debt Disclosure [Abstract] |
Schedule of Long-term Debt | Long-term debt consists of the following (in thousands):
| June 30, 2024 |  | December 31, 2023
4.625% Senior Notes | $ | 460,038 |  |  | $ | 460,038 |
1.75% Convertible Notes | 550,000 |  |  | 550,000 |
Total Notes | 1,010,038 |  |  | 1,010,038 |
Credit Agreement | — |  |  | — |
Less: Unamortized discount | (2,307) |  |  | (2,463) |
Deferred issuance costs (1) | (5,271) |  |  | (6,263) |
Total long-term debt | $ | 1,002,460 |  |  | $ | 1,001,312 |
(1)Includes $4.5 million and $5.5 million of carrying amount of deferred issuance costs on the 1.75% Convertible Notes as of June 30, 2024 and December 31, 2023, respectively, and $0.7 million and $0.8 million of carrying amount of deferred issuance costs on the 4.625% Senior Notes as of June 30, 2024 and December 31, 2023, respectively.
Schedule of Debt | The following table provides the components of interest expense related to the 1.75% Convertible Notes (in thousands):
| Three months ended June 30, |  | Six months ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Contractual interest expense | $ | 2,406 |  |  | $ | 9,810 |  |  | $ | 4,812 |  |  | $ | 12,216 |
Amortization of deferred issuance costs | 473 |  |  | 463 |  |  | 943 |  |  | 929 |
Total interest expense related to 1.75% Convertible Notes | $ | 2,879 |  |  | $ | 10,273 |  |  | $ | 5,755 |  |  | $ | 13,145 |

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