v3.26.3
Interim and Long-Term Debt (Tables)
 9 Months Ended
Sep. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Convertible Debt
The following table shows a summary of our convertible debt instruments as of September 30, 2026:
(in thousands)Fair Value
Principal AmountUnamortized Debt Discounts and Issuance CostsNet Carrying AmountAmountLeveling
Convertible senior notes
$690,000 $(20,082)$669,918 $517,714 Level 2
Schedule of Long-Term Debt Instruments
Total debt consisted of the following:
(in thousands)
September 30, 2026December 31, 2025
ABL Credit Facility$— $45,000 
Equipment financing interim loans— 2,135 
Equipment financing term loans171,826 75,424 
Convertible senior notes690,000 — 
Total debt861,826 122,559 
Less: debt issuance costs, net of amortization(21,960)(989)
Total debt, net of debt issuance costs839,866 121,570 
Less: interim debt (current), net of debt issuance costs— (2,113)
Less: current maturities of long-term debt, net of debt issuance costs(31,165)(13,844)
Total long-term debt, net of debt issuance costs$808,701 $105,613 
Schedule of Maturities of Long-Term Debt
Maturities of total debt (minimum annual principal payments required) as of September 30, 2026 are as follows:
(in thousands)
YearEquipment Financing Term LoansConvertible Senior Notes
Remainder of 2026$5,565 $— 
202735,060 — 
202837,878 — 
202940,922 — 
203038,755 — 
203113,646 690,000 
Total$171,826 $690,000