v3.25.2
Debt (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt, Net
The following table presents the Company's long-term debt and unamortized debt issuance costs, discounts and premiums included in "Long-term debt, net" on the consolidated balance sheets as of the dates presented:
(in thousands)June 30, 2025December 31, 2024
7.750% senior unsecured notes due 2029 (July 2029 Notes)
$298,214 $298,214 
9.750% senior unsecured notes due 2030 (September 2030 Notes)
302,364 302,364 
7.875% senior unsecured notes due 2032 (March 2032 Notes)
1,000,000 1,000,000 
Senior Secured Credit Facility745,000 880,000 
Total long-term debt2,345,578 2,480,578 
Unamortized debt issuance costs(1)
(22,701)(24,579)
Unamortized discounts(2,864)(3,132)
Unamortized premiums1,281 1,375 
Total long-term debt, net$2,321,294 $2,454,242 
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(1)Unamortized debt issuance costs related to the Senior Secured Credit Facility of $10.2 million and $12.5 million as of June 30, 2025 and December 31, 2024, respectively, are included in "Other noncurrent assets, net" on the consolidated balance sheets.
Schedule of Loss on Extinguishment of Debt
The following table presents the components of the Company's loss on extinguishment of debt, net during the periods presented:
(in thousands)Three months ended
June 30, 2024
Six months ended
June 30, 2024
Principal amount tendered or redeemed$466,795 $897,945 
Extinguishment of debt(1)
(498,696)(952,214)
Early tender or redemption premiums(31,901)(54,269)
Write-off of debt issuance costs(7,449)(13,121)
Write-off of issuance discount(2,311)(2,311)
Write-off of issuance premium1,360 3,586 
Loss on extinguishment of debt, net(2)
$(40,301)$(66,115)
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(1)Amounts are included in "Extinguishment of debt" in cash flows from financing activities on the consolidated statements of cash flows.
(2)Amounts are included in "Loss on extinguishment of debt, net" on the consolidated statements of operations.