XML 106 R34.htm IDEA: XBRL DOCUMENT
v3.25.1

Senior Notes (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Debt Disclosure [Abstract] |
Schedule of Carrying Values | The carrying value of our 4.25% senior notes due 2029 (the “Senior Notes”) is reflected on our Consolidated Balance Sheets as follows (in thousands):
| March 31, 2025 |  | December 31, 2024 |
Principal amount | $ | 400,000 |  |  | $ | 400,000 |  |
Debt discount, net of accumulated amortization of $1,986 and $1,848, respectively | (2,514) |  |  | (2,652) |  |
Debt issuance costs, net of accumulated amortization of $565 and $526, respectively | (712) |  |  | (751) |  |
Carrying value of the Senior Notes | $ | 396,774 |  |  | $ | 396,597 |  |
Schedule of Long-term Debt Instruments | Our Credit Facility and acquisition debt consisted of the following (in thousands):
| March 31, 2025 |  | December 31, 2024 |
Credit Facility | $ | 120,000 |  |  | $ | 137,000 |  |
Debt issuance costs, net of accumulated amortization of $3,035 and $2,947, respectively | (1,530) |  |  | (1,618) |  |
Total Credit Facility | $ | 118,470 |  |  | $ | 135,382 |  |
Acquisition debt | $ | 5,437 |  |  | $ | 5,466 |  |
Less: current portion | (581) |  |  | (571) |  |
Total acquisition debt, net of current portion | $ | 4,856 |  |  | $ | 4,895 |  |
The interest expense and amortization of debt issuance costs related to our Credit Facility are as follows (in thousands):
|  |  | Three months ended March 31, |  |
|  |  |  |  | 2025 |  | 2024 |  |
Credit Facility interest expense |  |  |  |  | $ | 2,499 |  |  | $ | 3,916 |  |  |
Credit Facility amortization of debt issuance costs |  |  |  |  | 88 |  |  | 138 |  |  |
The imputed interest expense related to our acquisition debt is as follows (in thousands):
| Three months ended March 31, |  |  |  |
| 2025 |  | 2024 |  |  |  |  |  |
Acquisition debt imputed interest expense | $ | 94 |  |  | $ | 104 |  |  |  |  |  |  |
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 March 31, |
|  |  |  |  | 2025 |  | 2024 |  |  |
Senior Notes interest expense |  |  |  |  | $ | 4,250 |  |  | $ | 4,250 |  |  |  |
Senior Notes amortization of debt discount |  |  |  |  | 138 |  |  | 132 |  |  |  |
Senior Notes amortization of debt issuance costs |  |  |  |  | 39 |  |  | 38 |  |  |  |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCarryingValuesAndEstimatedFairValuesOfDebtInstrumentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69E -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69E Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-3 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477734/942-470-50-3 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-8 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-6 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-7 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration