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Debt (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Debt | At December 31, 2023 and 2022, debt was comprised of the following:
(In thousands) |  | Maturity Dates |  |  | December 31, 2023 |  |  | December 31, 2022 |
Senior unsecured notes |  |  |  |  |  |  |  |  |
3.95% (net of unamortized debt issuance cost of $191 and $186 for 2023 and 2022, respectively) |  | 2024-2027 |  |  | $ | 56,952 |  |  | $ | 71,243 |
3.86% (net of unamortized debt issuance cost of $105 and $125 for 2023 and 2022, respectively) |  | 2024-2025 |  |  |  | 28,466 |  |  |  | 42,732 |
4.86% (net of unamortized debt issuance cost of $0 and $30 for 2023 and 2022 respectively) |  |  | — |  |  |  | — |  |  |  | 9,260 |
2.30% (net of unamortized debt issuance cost of $142 and $122 for 2023 and 2022, respectively) |  | 2024-2028 |  |  |  | 49,858 |  |  |  | 49,878 |
2.37% (net of unamortized debt issuance cost of $148 and $128 for 2023 and 2022, respectively) |  | 2024-2028 |  |  |  | 49,852 |  |  |  | 49,872 |
2.73% (net of unamortized debt issuance cost of $175 and $55 for 2023 and 2022, respectively) |  | 2025-2031 |  |  |  | 99,825 |  |  |  | 99,945 |
2.83% (net of unamortized debt issuance cost of $134 and $40 for 2023 and 2022, respectively) |  | 2026-2032 |  |  |  | 74,866 |  |  |  | 74,960 |
Revolving credit facility and term loan borrowing |  | 2024-2027 |  |  |  | 283,000 |  |  |  | 189,250 |
Debt of foreign subsidiaries |  |  |  |  |  |  |  |  |
Unsecured bank debt, foreign currency |  | 2024 |  |  |  | 11,327 |  |  |  | — |
Total debt |  |  |  |  | $ | 654,146 |  |  | $ | 587,140 |
Less current maturities |  |  |  |  |  | 252,898 |  |  |  | 132,111 |
Long-term debt |  |  |  |  | $ | 401,248 |  |  | $ | 455,029 |
Schedule of Net Interest Expense | Net interest expense for the years ended December 31, 2023, 2022 and 2021, comprised the following:
(In thousands) |  | 2023 |  |  | 2022 |  |  | 2021 |
Interest expense |  | $ | 29,361 |  |  | $ | 17,852 |  |  | $ | 10,145 |
Interest income |  |  | (3,843 | ) |  |  | (1,080 | ) |  |  | (1,255 | )
|  |  | 25,518 |  |  |  | 16,772 |  |  |  | 8,890 |
Capitalized interest |  |  | (13,415 | ) |  |  | (6,963 | ) |  |  | (3,137 | )
Interest expense, net |  | $ | 12,103 |  |  | $ | 9,809 |  |  | $ | 5,753 |

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