Debt (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Long-Term Debt

As of December 31, 2022 and 2021, our long-term debt was as follows (in thousands):

	December 31,			December 31,
	2022			2021
2021 Credit Agreement:
2021 Term Loan, due September 2026, interest at adjusted LIBOR plus     applicable margin (combined rate of 6.355% at December 31, 2022)	$	140,625		$	148,125
Less – deferred financing costs		(2,656	)		(3,406	)
2021 Term Loan, net of unamortized discounts		137,969			144,719
$450 million revolving loan facility, due September 2026, interest at     adjusted LIBOR plus applicable margin (combined rate of 6.355% at     December 31, 2022)		275,000			-
2016 Convertible Notes:
2016 Convertible Notes – Senior convertible notes, due March 15, 2036,     cash interest at 4.25%	-				230,000
Total debt, net of unamortized discounts		412,969			374,719
Current portion of long-term debt, net of unamortized discounts		(37,500	)		(237,500	)
Long-term debt, net of unamortized discounts	$	375,469		$	137,219

Estimated Maturities on Long-Term Debt

As of December 31, 2022, the maturities of our long-term debt, based upon: (i) the mandatory repayment schedule for the 2021 Term Loan; and (ii) the assumptions that the $30.0 million borrowed on our 2021 Revolver during the third quarter of 2022 will be paid in 2023 and the $245.0 million borrowed in March 2022 to settle our 2016 Convertible Notes will not be paid off until maturity, were as follows (in thousands):

	2023		2024		2025		2026		Total
2021 Term Loan	$	7,500	$	7,500	$	7,500	$	118,125	$	140,625
2021 Revolver		30,000		—	—			245,000		275,000
Total long-term debt repayments	$	37,500	$	7,500	$	7,500	$	363,125	$	415,625