Long‑Term Debt (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Long‑term debt consists of the following:

	December 31,
	2022		2021
Bank credit facility:
Revolving loan facility	$	345,597	$	—
Term loan:
Principal	195,000		200,000
Unamortized debt issuance costs	(396)		(534)
Term loan net carrying value	194,604		199,466
Bank credit facility net carrying value	540,201		199,466
2026 Notes:
Principal	687,830		690,000
Unamortized debt issuance costs	(11,045)		(14,677)
2026 Notes net carrying value	676,785		675,323
2027 Notes:
Principal	575,000		575,000
Unamortized debt issuance costs	(11,290)		(13,797)
2027 Notes net carrying value	563,710		561,203
Total net carrying value	1,780,696		1,435,992
Less: Current portion of long-term debt	(5,000)		(5,000)
Total long-term debt	$	1,775,696	$	1,430,992

Schedule of Interest Expense

Interest expense consists of the following:

	Year Ended December 31,
	2022		2021		2020
Bank credit facility:
Revolving loan facility (1)	$	15,798	$	3,448	$	5,680
Term loans (1)	7,413		117		502
Amortization and write-off of deferred debt issuance costs	1,152		1,309		985
	24,363		4,874		7,167
2026 Notes:
0.125% Coupon interest	878		803		—
Amortization of deferred debt issuance costs	3,632		3,378		—
	4,510		4,181		—
2027 Notes:
0.375% Coupon interest	2,186		1,096		—
Amortization of deferred debt issuance costs	2,507		1,268		—
	4,693		2,364		—
Other obligations	1,490		108		50
Total interest expense	$	35,056	$	11,527	$	7,217

(1)The revolving loan facility and term loans weighted average interest rate was 3.84%, 2.03%, and 1.92% for the years ended December 31, 2022, 2021, and 2020, respectively.

Interest expense, net consists of the following:

	Year Ended December 31,
	2022		2021		2020
Interest expense (see Note 10)	$	(35,056)	$	(11,527)	$	(7,217)
Interest income	421		306		437
Interest expense, net	$	(34,635)	$	(11,221)	$	(6,780)

Schedule of Maturities of Long-term Debt

Scheduled maturities of long‑term debt are as follows:

	December 31, 2022
2023	$	5,000
2024	10,000
2025	525,597
2026	687,830
2027	575,000
Total scheduled maturities of long-term debt	$	1,803,427