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Line of Credit, Long-Term Debt and Finance Lease Obligations (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Long-Term Debt | The carrying value of the Company’s long-term debt was $622.2 million and $637.2 million at December 31, 2023 and 2022, respectively, and consisted of the following (in thousands):
|  | December 31, 2023 |
|  | Principal |  |  | Unamortized Debt Issuance Costs |  |  | Total |
Senior notes |  | $ | 400,000 |  |  | $ | (4,354 | ) |  | $ | 395,646 |
Revolving line of credit |  |  | — |  |  |  | (1,006 | ) |  |  | (1,006 | )
Term A loan |  |  | 228,125 |  |  |  | (559 | ) |  |  | 227,566 |
Total |  | $ | 628,125 |  |  | $ | (5,919 | ) |  | $ | 622,206 |
|  | December 31, 2022 |
|  | Principal |  |  | Unamortized Debt Issuance Costs |  |  | Total |
Senior notes |  | $ | 400,000 |  |  | $ | (5,069 | ) |  | $ | 394,931 |
Revolving line of credit |  |  | 4,000 |  |  |  | (1,489 | ) |  |  | 2,511 |
Term A loan |  |  | 240,625 |  |  |  | (827 | ) |  |  | 239,798 |
Total |  | $ | 644,625 |  |  | $ | (7,385 | ) |  | $ | 637,240 |
Summary of Estimated Fair Value of Notes | The estimated fair value of the Company’s 2030 Notes was estimated using trading prices as of December 31, 2023 and 2022, respectively, as Level 2 inputs to estimate fair value for relevant periods and are summarized as follows (in thousands):
|  | December 31, |
|  | 2023 |  |  | 2022 |
2030 Notes |  |  | 357,000 |  |  |  | 344,000 |
Schedule of Financial Lease Obligations | The Company redeemed the full principal balance of its 2027 Notes in February 2022. The Company’s finance lease obligations, primarily related to equipment used in its newborn hearing screen program, consist of the following (in thousands):
|  | December 31, |
|  | 2023 |  |  | 2022 |
Finance lease obligations |  | $ | 9,241 |  |  | $ | 11,128 |
Less: Current portion |  |  | (2,413 | ) |  |  | (2,398 | )
Long-term portion |  | $ | 6,828 |  |  | $ | 8,730 |

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