Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Schedule of Line of Credit 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 April 24, 2025		As of March 31, 2025		As of December 31, 2024
	(in thousands)
Revolving credit facility (1)	$	—	$	37,500	$	68,500
Letters of credit (2)	2,000		2,000		2,000
Available borrowing capacity	1,998,000		1,960,500		1,929,500
Total aggregate revolving lender commitment amount	$	2,000,000	$	2,000,000	$	2,000,000

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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 $17.8 million and $18.7 million as of March 31, 2025, and December 31, 2024, respectively. These costs are being amortized over the term of the Credit Agreement 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

The Company’s Senior Notes, net line item on the accompanying balance sheets as of March 31, 2025, and December 31, 2024, consisted of the following (collectively referred to as “Senior Notes”):

	As of March 31, 2025						As of December 31, 2024
	Principal Amount		Unamortized Deferred Financing Costs		Principal Amount, Net		Principal Amount		Unamortized Deferred Financing Costs		Principal Amount, Net
	(in thousands)
6.75% Senior Notes due 2026	$	419,235	$	993	$	418,242	$	419,235	$	1,168	$	418,067
6.625% Senior Notes due 2027	416,791		1,424		415,367		416,791		1,618		415,173
6.5% Senior Notes due 2028	400,000		3,382		396,618		400,000		3,636		396,364
6.75% Senior Notes due 2029	750,000		10,022		739,978		750,000		10,489		739,511
7.0% Senior Notes due 2032	750,000		10,621		739,379		750,000		10,872		739,128
Total	$	2,736,026	$	26,442	$	2,709,584	$	2,736,026	$	27,783	$	2,708,243