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Long-term Debt (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Debt
The Company's long-term debt consists of the following (dollars in thousands):
 December 31,
2025
December 31,
2024
4.125% Senior Notes due April 2029$400,000 $400,000 
Credit Agreement72,790 1,500 
Debt issuance costs(3,620)(3,380)
Long-term debt, net$469,170 $398,120 
The carrying amounts and fair values were as follows (dollars in thousands):
December 31, 2025December 31, 2024
Carrying AmountFair ValueCarrying AmountFair Value
4.125% Senior Notes due April 2029$400,000 $387,000 $400,000 $365,000 
Revolving credit facility72,790 72,790 1,500 1,500 
Debt Instrument Redemption
YearPercentage
2025101.031 %
2026 and thereafter100.000 %
Credit Agreement key terms
Below is a summary of key terms under the Credit Agreement as of December 31, 2025, compared to the key terms prior to the amendment (showing gross availability):
InstrumentAmount ($ in millions)Maturity Date
Credit Agreement (as amended)
Senior secured revolving credit facility$250.03/31/2030
Credit Agreement (prior to amending)
Senior secured revolving credit facility$300.03/29/2026
Schedule of Maturities of Long-term Debt
Future maturities of the face value of long-term debt at December 31, 2025 are as follows (dollars in thousands):
            
Year Ending December 31:Future Maturities
2026$— 
2027— 
2028— 
2029400,000 
203072,790 
Thereafter— 
Total$472,790