Debt (Tables)

6 Months Ended

Jun. 30, 2024

Long Term Debt [Abstract]

Summary of Components of Debt

The table below summarizes the components of the Company’s debt (in thousands):

	June 30, 2024			December 31, 2023
Convertible Debenture notes due 2024	$	266,169		$	260,926
Amended 2021 Credit Agreement due 2026 (1)		290,250			291,750
Revolving Credit Loans	$	38,000		$	—
Total debt	$	594,419		$	552,676
Less: unamortized original issue discount		(1,882	)		(5,254	)
Less: unamortized debt issuance costs	$	(117	)	$	(577	)
Total debt, net	$	592,420		$	546,845
Current portion of debt, net	$	592,420		$	546,845

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(1)The Amended 2021 Credit Agreement matures on February 8, 2026, unless the Debentures are outstanding six months prior to the maturity date thereof, in which case the Amended 2021 Credit Agreement matures on the date that is six months prior to the Debenture maturity date. As of June 30, 2024, the Company does not anticipate repaying the Debentures by the maturity date thereof, which is currently July 10, 2025, and as such, the Term Loan debt of $290.2 million, the Convertible Debentures debt of $266.2 million and the Revolving Credit Loans debt of $38.0 million are included in the current portion of long-term debt. (See Note 2 - Organization, business and summary of significant accounting policies and Note 10 – Subsequent events).