Debt (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Debt

The components of our borrowings were as follows:

In thousands	December 31, 2023		December 31, 2022
Credit facility
Multicurrency revolving line of credit	$	—	$	—
Convertible notes	460,000		460,000
Total debt	460,000		460,000
Less: unamortized prepaid debt fees - convertible notes	5,173		7,474
Long-term debt, net	$	454,827	$	452,526

Schedule Of Borrowings Under Credit Agreement At Various Indebtedness To Adjusted Ebitda Levels

In addition, the amendment revises the interest cost, as follows:

Total Net Leverage Ratio	Interest Cost	Commitment Fee
Greater than 4.00	SOFR + 250 bps	40 bps
3.51 to 4.00	SOFR + 225 bps	35 bps
2.51 to 3.50	SOFR + 200 bps	30 bps
Less than or equal to 2.50	SOFR + 175 bps	25 bps

Schedule of Maturities of Long-term Debt

The amount of required minimum principal payments on our long-term debt in aggregate over the next five years is as follows:

Year Ending December 31,	Minimum Payments
In thousands
2024	$	—
2025	—
2026	460,000
2027	—
2028	—
Thereafter	—
Total minimum payments on debt	$	460,000