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Debt (Tables)
 12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Summary of Components of Interest Expense
The following details the components of interest expense in each of the years ended December 31, 2024, 2023 and 2022:
Year ended December 31,
(in thousands)202420232022
(Restated)(Restated)(Restated)
Interest on credit facilities$38,985 $37,269 $13,842 
Interest on Senior Notes67,500 67,500 67,500 
Unused fee on Revolving Credit Facility1,840 1,998 1,913 
Other interest expense (1)
16,522 5,076 2,053 
Interest income(2,045)(1,951)(49)
Interest expense, net$122,802 $109,892 $85,259 
Schedule of Long-term Debt Instruments
The following table provides the Company’s outstanding long-term debt and effective interest rates at December 31, 2024, December 31, 2023 and December 31, 2022 (in thousands):
December 31, 2024December 31, 2023December 31, 2022
Effective Interest RateAmountEffective Interest RateAmountEffective Interest RateAmount
2029 Senior Notes5.25%$1,000,000 5.25%$1,000,000 5.25%$1,000,000 
2032 Senior Notes5.00%300,000 5.00%300,000 5.00%300,000 
2022 Term Loan7.60%375,000 7.50%385,000 5.20%395,000 
2022 Revolving Credit Facility7.62%110,000 — 5.98%155,000 
Unamortized premiums and debt issuance costs (10,710)(13,121)(15,532)
Total debt$1,774,290 $1,671,879 $1,834,468 
Less: Current portion, term loan facilities(1,774,290)(1,671,879)(10,000)
Long-term debt$— $— $1,824,468 
The following table summarizes debt issuance costs at December 31, 2024, December 31, 2023 and December 31, 2022, and the balance sheet classification in each of the periods presents (in thousands):
December 31,
202420232022
Deferred debt issuance costs$32,526 $32,526 $32,526 
Accumulated amortization(17,797)(13,779)(9,760)
Deferred debt issuance costs, net$14,729 $18,747 $22,766 
Balance sheet classification:
Other noncurrent assets$4,019 $5,626 $7,234 
Long-term debt10,710 13,121 15,532 
$14,729 $18,747 $22,766