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Debt (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Summary of Long-Term Debt

Long-term debt is comprised of the following:

 

 

 

As of

 

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Total credit facility

 

$

400,000

 

 

$

400,000

 

Balance outstanding

 

 

91,027

 

 

 

50,000

 

Standby letters of credit

 

 

1,640

 

 

 

1,740

 

Amount available, subject to covenant restrictions

 

$

307,333

 

 

$

348,260

 

Weighted-average interest rate

 

 

1.57

%

 

 

1.16

%