Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Carrying Values and Fair Values of Debt Outstanding

The following table presents the carrying value and fair value (determined using inputs characteristic of a Level 2 fair value measurement) of debt outstanding (in thousands):

	December 31,
	2023					2022
	Carrying Value			Fair Value		Carrying Value			Fair Value
Revolving Credit Facility due July 29, 2027 (a)	$	44,000		$	44,000	$	—		$	—
Term Loan due July 29, 2027 (a)		170,000			170,000		170,000			170,000
3.29% senior notes due February 27, 2023		—			—		350,000			352,275
4.2% senior notes due March 1, 2028		500,000			475,920		500,000			477,660
3.46% senior notes due January 19, 2033		60,000			49,955		60,000			42,647
3.51% senior notes due January 19, 2033		240,000			200,698		—			—
Credit Line due June 30, 2024		—			—		—			—
Bank notes payable		8,068			8,068		3,292			3,292
		1,022,068			948,641		1,083,292			1,045,874
Unamortized debt discounts and issuance costs (b)		(5,473	)		—		(3,674	)		—
	$	1,016,595		$	948,641	$	1,079,618		$	1,045,874

(a)Variable interest rate of 6.8% and 5.8% at December 31, 2023 and 2022, respectively.

(b)Excludes $1.8 million attributable to the 2027 Revolving Credit Facility included in other assets at December 31, 2022.

Aggregate Payments due on Long-Term Debt

The aggregate payments due on the long-term debt in each of the next five years were as follows (in thousands):

2024	$	8,068
2025		32,500
2026		56,250
2027		125,250
2028		500,000
Thereafter		300,000
	$	1,022,068