v3.25.2
FAIR VALUE MEASUREMENTS
6 Months Ended
Jun. 29, 2025
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS FAIR VALUE MEASUREMENTS
The following table presents fair values of certain assets and liabilities as of June 29, 2025 and December 31, 2024:
June 29, 2025December 31, 2024
($ in millions)Level 1Level 2Level 3Level 1Level 2Level 3
1.75% convertible notes due 2028 (1)
$— $376.5 $— $— $351.3 $— 
4.75% senior notes due 2029 (1)
$— $339.3 $— $— $330.3 $— 
6.375% senior notes due 2032 (1)
$— $500.4 $— $— $485.0 $— 
Term loan due 2029 (1) (2)
$— $121.9 $— $— $123.4 $— 
Revolver due 2029 (1) (2)
$— $55.0 $— $— $100.0 $— 
Contingent consideration (3)
$— $— $3.8 $— $— $3.6 
(1)The amounts of these notes listed above are the fair values for disclosure purposes only, and they are recorded in the Company's condensed consolidated balance sheets as of June 29, 2025 and December 31, 2024 at carrying value.
(2)The carrying amounts of our term loan and revolving credit facility approximate fair value as of June 29, 2025 and December 31, 2024 based upon their terms and conditions in comparison to the terms and conditions of debt instruments with similar terms and conditions available at those dates.
(3)The estimated fair value of the Company's contingent consideration is discussed further in Note 5 "Acquisitions".