Long Term Debt (Tables)

6 Months Ended

Jun. 30, 2023

Long Term Debt [Abstract]

Summary of Components of Long-term Debt

The table below summarizes the components of the Company’s long-term debt (in thousands):

	June 30, 2023			December 31, 2022
Convertible Debenture notes due 2024	$	249,784		$	244,808
Amended 2021 Credit Agreement due 2026 (1) (2)		293,250			294,750
Total debt		543,034			539,558
Less: unamortized original issue discount		(8,567	)		(10,751	)
Less: unamortized debt issuance costs		(1,040	)		(1,278	)
Total debt, net		533,427			527,529
Current portion of debt		293,250			3,000
Less: current portion of unamortized original    issue discount		(3,094	)		—
Less: current portion of unamortized debt    issuance costs		(665	)		—
Total current portion of debt, net		289,491			3,000
Total long-term debt, net	$	243,936		$	524,529

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(1)The 2021 Credit Agreement was amended on March 3, 2023.

(2)The Amended 2021 Credit Agreement matures on February 8, 2026, unless the Convertible Debentures are outstanding six months prior to the December 19, 2024 maturity date thereof, in which case the Amended 2021 Credit Agreement matures on June 19, 2024. As of June 30, 2023, the Company does not anticipate repaying the Convertible Debentures by June 19, 2024 and as such, the Term Loan debt of $293.3 million is now included in the current portion of long-term debt.