Debt (Tables)

9 Months Ended

Sep. 30, 2021

Debt Disclosure [Abstract]

Schedule of Components of Long-Term Debt

The following table summarizes the components of long-term debt in the unaudited Condensed Consolidated Balance Sheets at September 30, 2021 and December 31, 2020:

(in thousands)	September 30, 2021			December 31, 2020			Effective Interest Rate
Term Loans
Due July 2026, 2.73% interest rate	$	—		$	788,239			3.17	%
Due July 2026, 2.39% interest rate		646,239			—			2.79	%
Term loan principal outstanding		646,239			788,239
Unamortized debt issuance costs		(7,744	)		(12,065	)
Unamortized debt discount		(4,598	)		(7,165	)
Long-term debt, net	$	633,897		$	769,009

Schedule of Components of Interest Expense and Other Financing Costs

The following table summarizes the components of interest expense and other financing costs in the unaudited Condensed Consolidated Statements of Operations for the periods ended September 30, 2021 and 2020

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
(in thousands)	2021		2020		2021		2020
Interest expense	$	4,002	$	6,236	$	13,279	$	25,260
Amortization of debt issuance costs		554		739		1,801		2,275
Amortization of debt discount		257		367		854		1,136
Interest rate swap expense		947		724		2,639		205
Other		93		121		280		429
Total	$	5,853	$	8,187	$	18,853	$	29,305