Debt (Tables)

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Schedule of Balances and Availability of 2026 Notes and 2020 Revolving Credit Facility

The following table summarizes the balances and availability of our 2026 Notes and 2024 Revolving Credit Facility:

	Outstanding (1)				Unutilized Amount			Interest Rate			Maturity Date
	June 30, 2024		December 31, 2023		June 30, 2024		December 31, 2023	June 30, 2024		December 31, 2023
	(in thousands)
2026 Notes	$	368,248	$	366,999	N/A		N/A	0.125%		0.125%	Sept. 1, 2026
2024 Revolving Credit Facility (3)	889		N/A		$	174,111	N/A	1.50%	(2)	N/A	May 3, 2029

(1) Represents the net carrying amount of our 2026 Notes and outstanding letters of credit under the 2024 Revolving Credit Facility.

(2) Represents the rate on the outstanding letters of credit under the 2024 Revolving Credit Facility.

(3) On May 3, 2024, the Company entered into the 2024 Credit Agreement to refinance the Company’s 2020 Revolving Credit Facility.

Schedule of Interest Expense

The following table sets forth the interest expense related to the 2026 Notes:

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
	(in thousands)
Contractual interest expense	$	117	$	117	$	234	$	234
Amortization of issuance costs	628		623		1,255		1,245