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Senior Notes (Tables) | 9 Months Ended
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Sep. 30, 2024
Debt Disclosure [Abstract] |
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments | The carrying value of our 4.25% senior notes due 2029 (the “Senior Notes”) is reflected on our Consolidated Balance Sheet as follows (in thousands):
| September 30, 2024 |  | December 31, 2023
Long-term liabilities: |  |  |
Principal amount | $ | 400,000 |  |  | $ | 400,000 |
Debt discount, net of accumulated amortization of $1,711 and $1,309, respectively | (2,789) |  |  | (3,191) |
Debt issuance costs, net of accumulated amortization of $487 and $373, respectively | (790) |  |  | (904) |
Carrying value of the Senior Notes | $ | 396,421 |  |  | $ | 395,905 |
Schedule of Long-term Debt | Our Credit Facility and acquisition debt consisted of the following (in thousands):
| September 30, 2024 |  | December 31, 2023
Credit Facility | $ | 140,000 |  |  | $ | 179,100 |
Debt issuance costs, net of accumulated amortization of $2,859 and $2,478, respectively | (1,707) |  |  | (1,306) |
Total Credit Facility | $ | 138,293 |  |  | $ | 177,794 |
Acquisition debt | $ | 5,938 |  |  | $ | 5,998 |
Less: current portion | (588) |  |  | (537) |
Total acquisition debt, net of current portion | $ | 5,350 |  |  | $ | 5,461 |
The imputed interest expense related to our acquisition debt is as follows (in thousands):
| Three months ended September 30, |  | Nine months ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Acquisition debt imputed interest expense | $ | 102 |  |  | $ | 70 |  |  | $ | 309 |  |  | $ | 212 |
The interest expense and amortization of debt discount and debt issuance costs related to our Senior Notes are as follows (in thousands):
| Three months ended September 30, |  | Nine months ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Senior Notes interest expense | $ | 4,250 |  |  | $ | 4,250 |  |  | $ | 12,750 |  |  | $ | 12,750 |
Senior Notes amortization of debt discount | 136 |  |  | 129 |  |  | 402 |  |  | 384 |
Senior Notes amortization of debt issuance costs | 38 |  |  | 37 |  |  | 114 |  |  | 110 |

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