Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2024

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,
	2024					2023
	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)		70,000			70,000		170,000			170,000
4.2% senior notes due March 1, 2028		500,000			491,923		500,000			475,920
3.46% senior notes due January 19, 2033		60,000			52,956		60,000			49,955
3.51% senior notes due January 19, 2033		240,000			212,650		240,000			200,698
Credit Line due June 30, 2026		—			—		—			—
Bank notes payable		8,226			8,226		8,068			8,068
		878,226			835,755		1,022,068			948,641
Unamortized debt discounts and issuance costs (b)		(3,278	)		—		(5,473	)		—
	$	874,948		$	835,755	$	1,016,595		$	948,641

(a)Variable interest rate of 5.6% and 6.8% at December 31, 2024 and 2023, respectively.

(b)Excludes $1.0 million attributable to the 2027 Revolving Credit Facility included in other assets at December 31, 2024.

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):

2025	$	8,226
2026		—
2027		70,000
2028		500,000
2029		—
Thereafter		300,000
	$	878,226