v3.25.2
Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Summary of Carrying Values and Estimated Fair Values Of Financial Instruments

The carrying values and estimated fair values of our financial instruments that are not required to be recorded at fair value in our consolidated balance sheets, on the basis of Level 2 inputs, were as follows (in thousands):

 

 

June 30, 2025

 

 

December 31, 2024

 

 

 

Carrying Value

 

 

Fair Value

 

 

Carrying Value

 

 

Fair Value

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Convertible senior notes due 2025

 

$

84,919

 

 

$

133,807

 

 

$

113,405

 

 

$

233,206

 

Convertible senior notes due 2029

 

 

800,000

 

 

 

848,480

 

 

 

800,000

 

 

 

939,280

 

Term loan due 2028

 

 

450,000

 

 

 

450,000

 

 

 

-

 

 

 

-

 

Delayed draw term loan due 2025

 

 

-

 

 

 

-

 

 

 

350,000

 

 

 

350,000

 

Total

 

$

1,334,919

 

 

$

1,432,287

 

 

$

1,263,405

 

 

$

1,522,486