Corporate Borrowings (Tables)

6 Months Ended

Jun. 30, 2021

Debt Disclosure [Abstract]

Schedule of Outstanding Indebtedness

The following table presents the Company’s outstanding indebtedness:

Description(a)	June 30, 2021		December 31, 2020
Credit Agreement - Revolver, 1.09% (variable rate) due 2025	$	232,000	$	—
Prudential Note Purchase Agreement, 3.53% (fixed rate) due 2027	20,000		20,000
Prudential Note Purchase Agreement, 3.80% (fixed rate) due 2029	20,000		20,000
Other long-term borrowings	216		—
Total indebtedness outstanding	272,216		40,000
Less unamortized loan fees(b)	(1,825)		(129)
Total indebtedness outstanding, net	270,391		39,871
Less current maturities of long-term debt	(3,227)		(1,600)
Long-term debt and Credit Agreement - Revolver	$	267,164	$	38,271

(a) Interest rates are as of June 30, 2021.

(b) Loan fees are being amortized over the life of the Credit Agreement and Note Purchase Agreement.