Long‑Term Debt (Tables)

9 Months Ended

Sep. 30, 2021

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Long‑term debt consists of the following:

	September 30, 2021		December 31, 2020
Bank credit facility:
Senior secured revolving loan facility	$	67,854	$	246,000
2026 Notes:
Principal	690,000		—
Unamortized debt issuance costs	(15,585)		—
Net carrying value	674,415		—
2027 Notes:
Principal	575,000		—
Unamortized debt issuance costs	(14,424)		—
Net carrying value	560,576		—
Total long-term debt	$	1,302,845	$	246,000

Schedule of Interest Expense

Interest expense consists of the following:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2021		2020		2021		2020
Bank credit facility:
Senior secured revolving loan facility (1)	$	911	$	1,519	$	2,490	$	3,953
Interest rate swap	325		288		942		398
Amortization and write-off of deferred debt issuance costs	253		153		1,049		430
	1,489		1,960		4,481		4,781
2026 Notes:
Coupon interest	221		—		592		—
Amortization of deferred debt issuance costs	909		—		2,470		—
	1,130		—		3,062		—
2027 Notes:
Coupon interest	551		—		563		—
Amortization of deferred debt issuance costs	627		—		641		—
	1,178		—		1,204		—
Other obligations	64		15		97		40
Total interest expense	$	3,861	$	1,975	$	8,844	$	4,821

(1)The weighted average interest rate was 2.33% and 1.59% for the three months ended September 30, 2021 and 2020, respectively, and 2.02% and 1.92% for the nine months ended September 30, 2021 and 2020, respectively.

Interest expense, net is comprised of the following:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2021		2020		2021		2020
Interest expense	$	(3,861)	$	(1,975)	$	(8,844)	$	(4,821)
Interest income	25		41		236		371
Interest expense, net	$	(3,836)	$	(1,934)	$	(8,608)	$	(4,450)