Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2024

Debt Disclosure [Abstract]

Schedule of long-term debt and notes payable

As of September 30, 2024, the Company’s long-term debt is as follows:

	Principal Outstanding		Unamortized Premium (Discount)		Unamortized Issuance Costs		Carrying Value		Fair Value
	(in thousands)
6.875% senior notes	$	650,000	$	—	$	(12,316)	$	637,684	$	681,493
Credit facilities:
Term loan	850,000		(1,034)		(11,918)		837,048		847,875
Other debt(1)	7,615		—		—		7,615		7,615
Total debt	$	1,507,615	$	(1,034)	$	(24,234)	$	1,482,347	$	1,536,983

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(1)        Other debt is primarily comprised of insurance financing arrangements, promissory notes executed in connection with business combinations, and finance leases.

As of December 31, 2023, the Company’s long-term debt and notes payable are as follows:

	December 31, 2023
	(in thousands)
Long-term revolving promissory note with related party	$	470,000
Other debt(1)	4,746
Total debt	$	474,746

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(1)        Other debt is primarily comprised of insurance financing arrangements, promissory notes executed in connection with business combinations, and finance leases.

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

As of September 30, 2024, principal maturities of the Company’s long-term debt is as follows:

	2024		2025		2026		2027		2028		Thereafter		Total
	(in thousands)
6.875% senior notes	$	—	$	—	$	—	$	—	$	—	$	650,000	$	650,000
Credit facilities:
Term loan	2,125		8,500		8,500		8,500		8,500		813,875		850,000
Other debt, including finance leases	1,874		1,570		672		718		768		2,013		7,615
Total debt	$	3,999	$	10,070	$	9,172	$	9,218	$	9,268	$	1,465,888	$	1,507,615