Debt (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Debt

At December 31, 2023 and 2022, debt was comprised of the following:

(In thousands)	Maturity Dates		December 31, 2023		December 31, 2022
Senior unsecured notes
3.95% (net of unamortized debt issuance cost of $191 and     $186 for 2023 and 2022, respectively)	2024-2027		$	56,952	$	71,243
3.86% (net of unamortized debt issuance cost of $105 and     $125 for 2023 and 2022, respectively)	2024-2025			28,466		42,732
4.86% (net of unamortized debt issuance cost of $0 and     $30 for 2023 and 2022 respectively)		—		—		9,260
2.30% (net of unamortized debt issuance cost of $142 and     $122 for 2023 and 2022, respectively)	2024-2028			49,858		49,878
2.37% (net of unamortized debt issuance cost of $148 and     $128 for 2023 and 2022, respectively)	2024-2028			49,852		49,872
2.73% (net of unamortized debt issuance cost of $175 and     $55 for 2023 and 2022, respectively)	2025-2031			99,825		99,945
2.83% (net of unamortized debt issuance cost of $134 and     $40 for 2023 and 2022, respectively)	2026-2032			74,866		74,960
Revolving credit facility and term loan borrowing	2024-2027			283,000		189,250
Debt of foreign subsidiaries
Unsecured bank debt, foreign currency	2024			11,327		—
Total debt			$	654,146	$	587,140
Less current maturities				252,898		132,111
Long-term debt			$	401,248	$	455,029

Schedule of Net Interest Expense

Net interest expense for the years ended December 31, 2023, 2022 and 2021, comprised the following:

(In thousands)	2023			2022			2021
Interest expense	$	29,361		$	17,852		$	10,145
Interest income		(3,843	)		(1,080	)		(1,255	)
		25,518			16,772			8,890
Capitalized interest		(13,415	)		(6,963	)		(3,137	)
Interest expense, net	$	12,103		$	9,809		$	5,753