Debt (Tables)

9 Months Ended

Sep. 30, 2021

Debt Disclosure [Abstract]

Long-Term Debt

Our long-term debt, as of September 30, 2021 and December 31, 2020, was as follows (in thousands):

	September 30,			December 31,
	2021			2020
2021 Credit Agreement:
Term loan, due September 2026, interest at adjusted LIBOR plus 1.375% (combined rate of 1.51% at September 30, 2021)	$	150,000		$	-
Less – deferred financing costs		(3,595	)		—
2021 Term Loan, net of unamortized discounts		146,405			—
$450 million revolving loan facility, due September 2026, interest at adjusted LIBOR plus applicable margin		—			—
2018 Credit Agreement:
Term loan, due March 2023, interest at adjusted LIBOR plus 1.5% (combined rate of 1.75% at December 31, 2020)		—			126,563
Less – deferred financing costs		—			(1,155	)
2018 Term Loan, net of unamortized discounts		—			125,408
$200 million revolving loan facility, due March 2023, interest at adjusted LIBOR plus applicable margin		—			—
2016 Convertible Notes:
Convertible Notes – Senior convertible notes; due March 15, 2036; cash interest at 4.25%		230,000			230,000
Less – unamortized original issue discount		(671	)		(3,021	)
Less – deferred financing costs		(259	)		(1,170	)
2016 Convertible Notes, net of unamortized discounts		229,070			225,809
Total debt, net of unamortized discounts		375,475			351,217
Current portion of long-term debt, net of unamortized discounts		(236,570	)		(14,063	)
Long-term debt, net of unamortized discounts	$	138,905		$	337,154