Our assets and liabilities measured at fair value on a recurring basis consisted of the following Level 1, 2 and 3 inputs as defined above (in thousands):


	Fair value measurements as of March 31, 2025
	Total carrying value		Quoted prices in active markets for identical assets (level 1)		Significant other observable inputs (level 2)		Significant unobservable inputs (level 3)
Assets:






Foreign exchange contracts:
Prepaid expenses and other current assets	$	3,560	$	—	$	3,560	$	—



Interest rate contracts:
Prepaid expenses and other current assets	8,403		—		8,403		—
Other assets	512		—		512		—
Total Assets	$	12,475	$	—	$	12,475	$	—

Liabilities:


Foreign exchange contracts:
Accrued liabilities	4,335		—		4,335		—



Total Liabilities	$	4,335	$	—	$	4,335	$	—


	Fair value measurements as of December 31, 2024
	Total carrying value		Quoted prices in active markets for identical assets (level 1)		Significant other observable inputs (level 2)		Significant unobservable inputs (level 3)
Assets:






Foreign exchange forwards:
Prepaid expenses and other current assets	6,716		—		6,716		—

Interest rate contracts:
Prepaid expenses and other current assets	11,038		—		11,038		—
Other assets	5,724		—		5,724		—

Total Assets	$	23,478	$	—	$	23,478	$	—

Liabilities:





Foreign exchange contracts:
Accrued liabilities	7,391		—		7,391		—

Total Liabilities	$	7,391	$	—	$	7,391	$	—