Financial Commitments (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

Long-term debt as reported on the Condensed Consolidated Balance Sheets consisted of the following:

(in thousands)	As of June 30, 2023		As of December 31, 2022
2017 Senior Notes	$	497,839	$	497,289
Term Loan B	359,110		404,169
Revolver	25,000		—
Equipment financing and mortgages	42,194		48,681
Other indebtedness	2,114		8,300
Total debt	926,257		958,439
Less: Current maturities	20,634		70,285
Long-term debt, net	$	905,623	$	888,154

Schedule of Reconciliation of Outstanding Debt Balance to Reported Debt Balance

The following table reconciles the outstanding debt balances to the reported debt balances as of June 30, 2023 and December 31, 2022:

	As of June 30, 2023						As of December 31, 2022
(in thousands)	Outstanding Debt		Unamortized Discounts and Issuance Costs		Debt, as reported		Outstanding Debt		Unamortized Discounts and Issuance Costs		Debt, as reported
2017 Senior Notes	$	500,000	$	(2,161)	$	497,839	$	500,000	$	(2,711)	$	497,289
Term Loan B	369,279		(10,169)		359,110		415,438		(11,269)		404,169

Schedule of Interest Expense as Reported in the Consolidated Statements of Operations

Interest expense as reported in the Condensed Consolidated Statements of Operations consisted of the following:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2023		2022		2023		2022
Cash interest expense:
Interest on 2017 Senior Notes	$	8,594	$	8,594	$	17,188	$	17,188
Interest on Term Loan B	9,250		6,085		18,999		12,118
Interest on Revolver	2,807		130		4,552		633
Other interest	364		479		785		940
Total cash interest expense	21,015		15,288		41,524		30,879
Non-cash interest expense:(a)
Amortization of discount and debt issuance costs on Term Loan B	529		516		1,100		1,021
Amortization of debt issuance costs on Revolver	195		141		355		283
Amortization of debt issuance costs on 2017 Senior Notes	277		259		550		513
Total non-cash interest expense	1,001		916		2,005		1,817
Total interest expense	$	22,016	$	16,204	$	43,529	$	32,696

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(a)The combination of cash and non-cash interest expense produces effective interest rates that are higher than contractual rates. Accordingly, the effective interest rates for the 2017 Senior Notes and Term Loan B were 7.13% and 10.84%, respectively, for the six months ended June 30, 2023.