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Long-term Debt (Tables)

6 Months Ended

Jun. 30, 2024

As of June 30, 2024 and December 31, 2023, long-term debt consisted of the following (in thousands):


	June 30, 2024		December 31, 2023
Revolving credit facility(1)	$	—	$	—
2026 Notes(2)	122,102		133,037
Other debt and finance lease obligations	2,853		3,092
Total debt	124,955		136,129
Less: Current portion	(616)		(627)
Total long-term debt	$	124,339	$	135,502

____________________

(1)Unamortized deferred financing costs of $1.8 million and $1.1 million as of June 30, 2024 and December 31, 2023, respectively, are presented in other noncurrent assets.

(2)The outstanding principal amount of the 2026 Notes was $123.5 million and $135.0 million as of June 30, 2024 and December 31, 2023, respectively.

The following table provides a summary of the Company's purchases of outstanding 2026 Notes during the three and six months ended June 30, 2024, with non-cash gains reported within other income, net (in thousands):


	Principal Amount		Carrying Value of Liability		Cash Paid		Non-cash Pre-Tax Gains Recognized
Three and Six Months Ended June 30, 2024	$	11,500	$	11,361	$	10,846	$	515

- 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

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+ Details