v3.25.2
Long-term Debt (Tables)
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Debt
The Company's long-term debt consists of the following (dollars in thousands):
 June 30, 2025December 31, 2024
4.125% Senior Notes due April 2029$400,000 $400,000 
Credit Agreement28,590 1,500 
Debt issuance costs(4,050)(3,380)
Long-term debt, net$424,540 $398,120 
The carrying amounts and fair values were as follows (dollars in thousands):
June 30, 2025December 31, 2024
Carrying AmountFair ValueCarrying AmountFair Value
4.125% Senior Notes due April 2029$400,000 $378,000 $400,000 $365,000 
Revolving credit facility28,590 28,590 1,500 1,500 
Debt Instrument Redemption [Table Text Block]
The Company may redeem all or part of the Senior Notes at the redemption prices (expressed as percentages of principal amount) set forth below, plus accrued and unpaid interest, if any, to the redemption date, if redeemed during the twelve-month period beginning on April 15 of the years indicated below:
YearPercentage
2025101.031 %
2026 and thereafter100.000 %
Schedule of Line of Credit Facilities
Below is a summary of key terms under the Credit Agreement as of June 30, 2025, compared to the key terms prior to the amendment (showing gross availability):
InstrumentAmount ($ in millions)Maturity Date
Credit Agreement (as amended)
Senior secured revolving credit facility$250.03/31/2030
Credit Agreement (prior to amending)
Senior secured revolving credit facility$300.03/29/2026