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Debt Obligations (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of debt obligations

 

 

As of December 31,

(in thousands)

 

2022

 

2021

Credit Facility:

 

 

 

 

Revolving credit agreement

 

$

454,800

 

 

$

283,400

 

Convertible Debt:

 

  

 

 

0.75% convertible notes, unsecured, due 2049

 

525,000

 

 

468,235

 

 

 

 

 

 

1.375% Senior Notes, due 2026

 

642,120

 

 

682,080

 

 

 

 

 

 

Other obligations

 

207

 

 

920

 

 

 

 

 

 

Total debt obligations

 

$

1,622,127

 

 

$

1,434,635

 

Unamortized debt issuance costs

 

(12,880

)

 

(13,729

)

Carrying value of debt

 

$

1,609,247

 

 

$

1,420,906

 

Short-term debt obligations and current maturities of long-term debt obligations

 

(149

)

 

(821

)

Long-term debt obligations

 

$

1,609,098

 

 

$

1,420,085