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Long-term Debt, Net (Tables)

6 Months Ended

Jun. 30, 2024

Following is a summary of outstanding Long-term debt, net, as of the periods indicated:


	JUNE 30, 2024				DECEMBER 31, 2023
(dollars in thousands)	OUTSTANDING BALANCE		INTEREST RATE		OUTSTANDING BALANCE		INTEREST RATE
Senior secured credit facility - revolving credit facility (1)	$	685,000	6.96	%	$	381,000	6.96	%
2025 Notes (2)	20,724		5.00	%	104,786		5.00	%
2029 Notes	300,000		5.13	%	300,000		5.13	%

Less: unamortized debt discount and issuance costs (2)	(3,742)				(5,067)



Long-term debt, net	$	1,001,982			$	780,719

________________

(1)Interest rate represents the weighted average interest rate as of the respective periods.

(2)During the twenty-six weeks ended June 30, 2024, the Company repurchased $83.6 million of the 2025 Notes and as a result, wrote off $0.8 million of debt issuance costs. See Note 10 - Convertible Senior Notes for additional details.

- 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.

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