Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Long-Term Debt Instruments

Long-term debt consisted of the following:

	March 31, 2024				December 31, 2023
	Outstanding Principal		Interest Rate(1)		Outstanding Principal		Interest Rate(1)
	(in thousands)				(in thousands)
Syndicated Credit Facility(2):
Term loan borrowings	$	95,988	6.26	%	$	121,658	6.61	%
5.50% Senior Notes due 2028	300,000		5.50	%	300,000		5.50	%
Total debt	395,988				421,658
Less: Unamortized debt issuance costs	(4,204)				(4,445)
Total debt, net	391,784				417,213
Less: Current portion of long-term debt	(8,523)				(8,572)
Total long-term debt, net	$	383,261			$	408,641

(1) Represents the weighted average rate of interest for borrowings under the Syndicated Credit Facility and the stated rate of interest for the 5.50% Senior Notes due 2028, without the effect of debt issuance costs.

(2) The Syndicated Credit Facility also includes a multicurrency revolving loan facility up to $300.0 million. There were no revolving loan borrowings outstanding as of March 31, 2024 or December 31, 2023.