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Borrowings (Tables)
 9 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Debt
The Company's borrowings consisted of the following as of September 30, 2023 and December 31, 2022 (amounts in thousands):
September 30, 2023December 31, 2022
Americas revolving credit (1)
$382,351 $186,867 
UK revolving credit500,257 453,528 
Europe revolving credit473,873 419,856 
Term loan442,500 450,000 
Senior notes1,046,000 650,000 
Convertible notes— 345,000 
2,844,981 2,505,251 
Less: Debt discount and issuance costs(12,756)(10,393)
Total$2,832,225 $2,494,858 
(1) Includes the North American revolving credit facility and an unsecured credit agreement with Banco de Occidente (the "Colombian Revolving Credit Facility"). As of September 30, 2023, no amounts were outstanding under the Colombian Revolving Credit Facility ($0.5 million was outstanding as of December 31, 2022).
Schedule of Maturities of Long-term Debt
The following principal payments are due on the Company's borrowings as of September 30, 2023 for the 12-month periods ending September 30, (amounts in thousands):
2024$10,000 
2025308,000 
20261,305,108 
2027— 
2028871,873 
Thereafter350,000 
Total$2,844,981 
Schedule of Debt Interest Expense Interest expense on the 2023 Notes was recognized using an effective interest rate of 4.00%, and for the three and nine months ended September 30, 2023 and 2022, was as follows (amounts in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
Interest expense - stated coupon rate$— $3,019 $5,032 $9,057 
Interest expense - amortization of debt issuance costs— 429 748 1,284 
Total interest expense - convertible notes$— $3,448 $5,780 $10,341