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DEBT AND CREDIT FACILITIES (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Schedule of Components of Senior Notes

The components of our senior notes at March 31, 2025 are as follows:

			Senior Notes
(in thousands)			8.125% (1)						6.50% (2)						Total
Senior notes due in 2026			$	193,035					$	151,440					$	344,475
Unamortized deferred financing costs			(1,307)						(2,417)						(3,724)
Unamortized premium			132						—						132
Net debt balance			$	191,860					$	149,023					$	340,883

The components of senior notes outstanding at December 31, 2024 are as follows:

			Senior Notes
(in thousands)			8.125% (1)						6.50% (2)						Total
Senior notes due in 2026			$	193,035					$	151,440					$	344,475
Unamortized deferred financing costs			(1,659)						(2,757)						(4,416)
Unamortized premium			168						—						168
Net debt balance			$	191,544					$	148,683					$	340,227

(1) The 8.125% Senior Notes mature in February 2026 and $108.4 million is included in current liabilities and $83.5 million is included in noncurrent liabilities in the Condensed Consolidated Balance Sheet at March 31, 2025. $191.5 million is included in noncurrent liabilities in the Condensed Consolidated Balance Sheets at December 31, 2024.

(2) The 6.50% Senior Notes mature in December 2026 and are included in noncurrent liabilities in the Condensed Consolidated Balance Sheet at March 31, 2025 and December 31, 2024.

Schedule of Long-Term Debt Instruments

A summary of usage of letters of credit under the domestic facilities is as follows:

			March 31,
			2025						2024
Letters of credit under domestic facilities:
Performance letters of credit			$	23,259					$	18,155
Financial letters of credit			12,416						11,511
Total outstanding			$	35,675					$	29,666
Backstopped letters of credit			$	750					$	750
Surety backstopped letters of credit			$	11,800					$	8,742
Letters of credit subject to currency revaluation			$	4,535					$	4,390

Schedule of Line of Credit Facilities

The following table provides a summary of outstanding letters of credit issued outside of the domestic facilities and outstanding surety bonds:

			March 31,
			2025						2024
Letters of credit under non-domestic facilities			$	2,907					$	4,085
Surety Bonds			$	177,426					$	146,838

Schedule of Interest Expenses

Interest expense in the Condensed Consolidated Financial Statements consisted of the following components:

			Three Months Ended March 31,
(in thousands)			2025						2024
Components associated with borrowings from:
Senior notes			$	6,320					$	6,271
Revolving Credit Agreement			1,168						1,532
			7,488						7,803
Components associated with amortization or accretion of:
Revolving Credit Agreement			1,609						1,149
Senior notes			656						644
			2,265						1,793
Components associated with interest from:
Lease liabilities			591						548
Letter of Credit interest and fees			452						1,489
Other interest expense			367						381
			1,410						2,418
Total interest expense			$	11,163					$	12,014

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