Debt (Tables)

3 Months Ended

Mar. 31, 2025


Year	Percentage
2024	101.938	%
2025	100.969	%
2026 and thereafter	100.000	%

Schedule of Long-term Debt

The net carrying amount of the 2030 Notes, which is presented as a component of long-term debt in the Company’s condensed consolidated financial statements, was as follows (in thousands):


	As of
	March 31, 2025		December 31, 2024
2030 Notes
Principal	$	1,000,000	$	1,000,000
Unamortized issuance costs	(7,978)		(8,329)
Net carrying amount	$	992,022	$	991,671

Schedule of Interest Expense

Interest expense related to the 2030 Notes was as follows (in thousands):


	Three Months Ended March 31,
	2025		2024
Contractual interest expense	$	9,688	$	9,688
Amortization of debt issuance costs	351		338
Total interest expense	$	10,039	$	10,026

- 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