v3.25.4
Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table presents for each of these hierarchy levels, the Company's financial assets and liabilities that are measured at fair value on a recurring basis at December 31, 2025 and 2024:
(In thousands)Level ILevel IILevel IIITotal
At December 31, 2025:
Assets:
Cash equivalents$85,176 $— $— $85,176 
Foreign currency derivatives— 9,531 — 9,531 
Liabilities:
Foreign currency derivatives— 6,401 — 6,401 
At December 31, 2024:
Assets:
Cash equivalents$250,841 $— $— $250,841 
Foreign currency derivatives— 4,889 — 4,889 
Liabilities:
Foreign currency derivatives— 2,330 — 2,330 
Schedule of Carrying Values and Fair Values of the Company's Financial Instruments
The carrying values and estimated fair values of the Company's financial instruments, excluding those that are carried at fair value in the consolidated balance sheets are summarized as follows:
(In thousands)December 31, 2025
Carrying
Amount
Estimated
Fair Value
Debt instruments:
Term Loan A Facility$79,438 $82,795 
10.25% Senior Secured Notes due 2029
864,459 916,563 
4.25% Senior Notes due 2029
274,630 242,810 
4.25% Convertible Senior Notes due 2029
140,383 127,830 
10.50% Senior Secured Notes due July 2032
393,383 442,000 
$1,752,293 $1,811,998 
(In thousands)December 31, 2024
Carrying
Amount
Estimated
Fair Value
Debt instruments:
Term Loan A facility$359,660 $356,934 
10.25% Senior Secured Notes due 2029
861,683 927,500 
4.25% Senior Notes due 2029
975,466 772,002 
4.25% Convertible Senior Notes due 2029
139,410 142,313 
$2,336,219 $2,198,749