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Debt (Tables)
3 Months Ended
Mar. 31, 2025
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 AmountInterest RateMaturity Date
March 31,
2025
December 31,
2024
March 31,
2025
December 31,
2024
March 31,
2025
December 31,
2024
(in thousands)
2026 Notes$370,146 $369,514 N/AN/A0.125%0.125%Sept. 1, 2026
2024 Revolving Credit Facility
1,143 1,143 $173,857 $173,857 1.50%
(2)
1.50%
(2)
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.
Schedule of Interest Expense Related to 2026 Notes
The following table sets forth the interest expense related to the 2026 Notes for the periods presented:
Three Months Ended March 31,
20252024
(in thousands)
Contractual interest expense$117 $117 
Amortization of issuance costs632 627