Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2022

Debt Disclosure [Abstract]

Schedule of maturities of long-term debt outstanding

Scheduled maturities of our long-term debt outstanding as of September 30, 2022 are as follows (in thousands):

	2023		2026		MARAD
	Notes		Notes		Debt		Total
Less than one year	$	30,000	$	—	$	8,333	$	38,333
One to two years		—		—		8,749		8,749
Two to three years		—		—		9,186		9,186
Three to four years		—		200,000		9,644		209,644
Four to five years		—		—		5,001		5,001
Gross debt		30,000		200,000		40,913		270,913
Unamortized debt issuance costs (1)		(179)		(4,958)		(2,195)		(7,332)
Total debt		29,821		195,042		38,718		263,581
Less current maturities		(29,821)		—		(8,333)		(38,154)
Long-term debt	$	—	$	195,042	$	30,385	$	225,427

(1) Debt issuance costs are amortized to interest expense over the term of the applicable debt agreement.

Schedule of components of net interest expense

The following table details the components of our net interest expense (in thousands):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2022		2021		2022		2021
Interest expense	$	4,923	$	6,097	$	15,264	$	18,152
Interest income		(279)		(169)		(647)		(252)
Net interest expense	$	4,644	$	5,928	$	14,617	$	17,900