v3.26.1
Fair Values of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Estimated Fair Value of Outstanding Debt Balances
The estimated fair value of our outstanding debt balances as of March 31, 2026 and December 31, 2025 is set forth below (in thousands):
March 31, 2026December 31, 2025
Carrying
Value
Fair
Value
Carrying
Value
Fair
Value
3.95% Senior Notes Due 2028
$482,505 $474,644 $482,505 $477,694 
5.15% Senior Notes Due 2029
344,895 345,807 344,895 348,032 
7.15% Senior Notes Due 2033
400,000 429,978 400,000 428,615 
Total debt$1,227,400 $1,250,429 $1,227,400 $1,254,341 
Schedule of Implied Market Rates of Interest Used to Determine the Fair Value of Outstanding Debt
The implied market rates of interest used to determine the fair value of our outstanding debt balances as of March 31, 2026 and December 31, 2025 are set forth below:
March 31, 2026December 31, 2025
3.95% Senior Notes Due 2028
4.89 %4.46 %
5.15% Senior Notes Due 2029
5.07 %4.89 %
7.15% Senior Notes Due 2033
5.90 %5.99 %