Long-Term Debt and Notes Payable (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Schedule of long-term debt and notes payable

As of June 30, 2023, the Company’s long-term debt and notes payable are as follows:

	Principal Outstanding		Unamortized Premium (Discount)		Unamortized Issuance Costs		Carrying Value		Fair Value
	(in thousands)
6.250% senior notes	$	1,225,000	$	18,562	$	(9,456)	$	1,234,106	$	1,204,175
Credit facilities:
Revolving facility	345,000		—		—		345,000		343,706
Term loan	2,103,437		(3,379)		(3,684)		2,096,374		2,098,178
Other debt, including finance leases	77,164		—		(98)		77,066		77,066
Total debt	$	3,750,601	$	15,183	$	(13,238)	$	3,752,546	$	3,723,125

As of December 31, 2022, the Company’s long-term debt and notes payable are as follows:

	Principal Outstanding		Unamortized Premium (Discount)		Unamortized Issuance Costs		Carrying Value		Fair Value
	(in thousands)
6.250% senior notes	$	1,225,000	$	21,555	$	(10,948)	$	1,235,607	$	1,163,689
Credit facilities:
Revolving facility	445,000		—		—		445,000		443,331
Term loan	2,103,437		(4,376)		(4,771)		2,094,290		2,056,110
Other debt, including finance leases	104,800		—		(135)		104,665		104,665
Total debt	$	3,878,237	$	17,179	$	(15,854)	$	3,879,562	$	3,767,795

Schedule of principal maturities of long-term debt and notes payable

Principal maturities of the Company’s long-term debt and notes payable are approximately as follows:

	2023		2024		2025		2026		2027		Thereafter		Total
	(in thousands)
6.250% senior notes	$	—	$	—	$	—	$	1,225,000	$	—	$	—	$	1,225,000
Credit facilities:
Revolving facility	—		31,846		313,154		—		—		—		345,000
Term loan	4,757		11,150		2,087,530		—		—		—		2,103,437
Other debt, including finance leases	11,738		51,046		1,408		1,309		823		10,840		77,164
Total debt	$	16,495	$	94,042	$	2,402,092	$	1,226,309	$	823	$	10,840	$	3,750,601