v3.26.1
Debt (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Debt
The components of our borrowings were as follows:
In thousandsJune 30, 2026December 31, 2025
Credit facility
Multicurrency revolving line of credit$— $— 
2021 Convertible notes
— 460,000 
2024 Convertible notes
805,000 805,000 
2026 Convertible notes805,000 — 
Total debt$1,610,000 $1,265,000 
Current portion of debt, gross
$— $460,000 
Less: unamortized prepaid debt fees - current portion of debt
— 478 
Current portion of debt, net
$— $459,522 
Long-term debt, gross
$1,610,000 $805,000 
Less: unamortized prepaid debt fees - long-term debt
34,758 16,195 
Long-term debt, net $1,575,242 $788,805 
Schedule Of Borrowings Under Credit Agreement At Various Indebtedness To Adjusted Ebitda Levels The spreads applicable to SOFR and the annual committee fee rates are, as follows:
Total Net Leverage Ratio
Interest Rate
Commitment Fee
Greater than 3.50
SOFR + 175.0 bps
30.0 bps
2.51 to 3.50
SOFR + 150.0 bps
25.0 bps
1.51 to 2.50
SOFR + 137.5 bps
20.0 bps
Less than or equal to 1.50
SOFR + 125.0 bps
17.5 bps
Schedule of Maturities of Long-term Debt
The amount of required minimum principal payments on our debt in aggregate over the next five years is as follows:
Year Ending December 31,Minimum Payments
In thousands
2026 (amount remaining at June 30, 2026)$— 
2027— 
2028— 
2029— 
2030805,000 
Thereafter805,000 
Total minimum payments on debt$1,610,000