Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Debt Instrument Borrowing Base Utilization

Interest and commitment fees associated with the revolving credit facility are accrued based on a borrowing base utilization grid set forth in the Credit Agreement, as presented in the table below. At the Company’s election, borrowings under the Credit Agreement may be in the form of SOFR, Alternate Base Rate (“ABR”), or Swingline loans. SOFR loans accrue interest at SOFR plus the applicable margin from the utilization grid, and ABR and Swingline loans accrue interest at a market-based floating rate, plus the applicable margin from the utilization grid. Commitment fees are accrued on the unused portion of the aggregate lender commitment amount at rates from the utilization grid.

Borrowing Base Utilization Percentage	<25%		≥25% <50%		≥50% <75%		≥75% <90%		≥90%
SOFR Loans	2.000	%	2.250	%	2.500	%	2.750	%	3.000	%
ABR Loans or Swingline Loans	1.000	%	1.250	%	1.500	%	1.750	%	2.000	%
Commitment Fee Rate	0.375	%	0.375	%	0.500	%	0.500	%	0.500	%

Schedule of Credit Agreement Facilities

The following table presents the outstanding balance, total amount of letters of credit outstanding, and available borrowing capacity under the Credit Agreement as of February 8, 2024, December 31, 2023, and December 31, 2022:

	As of February 8, 2024		As of December 31, 2023		As of December 31, 2022
	(in thousands)
Revolving credit facility (1)	$	—	$	—	$	—
Letters of credit (2)	2,500		2,500		6,000
Available borrowing capacity	1,247,500		1,247,500		1,244,000
Total aggregate lender commitment amount	$	1,250,000	$	1,250,000	$	1,250,000

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(1)    Unamortized deferred financing costs attributable to the revolving credit facility are presented as a component of the other noncurrent assets line item on the accompanying balance sheets and totaled $8.5 million and $10.8 million as of December 31, 2023, and 2022, respectively. These costs are being amortized over the term of the revolving credit facility on a straight-line basis.

(2)    Letters of credit outstanding reduce the amount available under the revolving credit facility on a dollar-for-dollar basis.

Schedule of Long-term Debt Instruments [Table Text Block]

The Company’s Senior Notes, net line item on the accompanying balance sheets as of December 31, 2023, and 2022, consisted of the following (collectively referred to as “Senior Notes”):

	As of December 31, 2023						As of December 31, 2022
	Principal Amount		Unamortized Deferred Financing Costs		Principal Amount, Net		Principal Amount		Unamortized Deferred Financing Costs		Principal Amount, Net
	(in thousands)
5.625% Senior Notes due 2025	$	349,118	$	896	$	348,222	$	349,118	$	1,528	$	347,590
6.75% Senior Notes due 2026	419,235		1,868		417,367		419,235		2,569		416,666
6.625% Senior Notes due 2027	416,791		2,395		414,396		416,791		3,172		413,619
6.5% Senior Notes due 2028	400,000		4,651		395,349		400,000		5,665		394,335
Total	$	1,585,144	$	9,810	$	1,575,334	$	1,585,144	$	12,934	$	1,572,210