Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2024

Long-term debt as of September 30, 2024 and December 31, 2023 consists of the following (in thousands):


	September 30, 2024		December 31, 2023
2026 Senior Notes	$	255,532	$	280,014
2028 Senior Notes	362,696		462,414

Total	618,228		742,428
Less: deferred issuance costs	(5,738)		(8,448)
Total debt	612,490		733,980
Less: current portion, net of debt issuance costs	(9,366)		(8,575)
Total long-term debt, less current portion	$	603,124	$	725,405

Future Principal Payments for Debt

At September 30, 2024, future contractual principal payments for debt were as follows (in thousands):


Fiscal year:	Total
2024 (1) (remainder)	$	9,111
2025	—
2026	248,980
2027	—
2028	360,137
Thereafter	—
Total	$	618,228

(1) The Company has reclassified $6.5 million and $2.6 million from the 2026 and 2028 periods, respectively, into the 2024 period as debt repurchases were made subsequent to September 30, 2024 but prior to the filing of these financial statements (see Note 16 - Subsequent Event).

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details