The following tables set forth our assets and liabilities that were measured at fair value on a recurring basis by level within the fair value hierarchy:


(in thousands)
As of March 31, 2026	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance as of March 31, 2026

Assets
Money market funds (1)	$	3,500	$	—	$	—	$	3,500
Foreign currency exchange contracts (2)	$	—	$	7,484	$	—	$	7,484
Cross currency swaps (2)	$	—	$	4,250	$	—	$	4,250
Interest rate swap (3)	$	—	$	1,301	$	—	$	1,301
Liabilities
Cross currency swaps (2)	$	—	$	9,796	$	—	$	9,796
Foreign currency exchange contracts (2)	$	—	$	3,873	$	—	$	3,873
Contingent consideration	$	—	$	—	$	1,892	$	1,892


(in thousands)
As of December 31, 2025	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance as of December 31, 2025

Assets
Cross currency swaps (2)	$	—	$	1,700	$	—	$	1,700
Foreign currency exchange contracts (2)	$	—	$	2,793	$	—	$	2,793
Liabilities
Cross currency swaps (2)	$	—	$	13,270	$	—	$	13,270
Foreign currency exchange contracts (2)	$	—	$	6,661	$	—	$	6,661
Interest rate swap (3)	$	—	$	446	$	—	$	446
Contingent Consideration	$	—	$	—	$	1,800	$	1,800

(1)Money market funds with an original maturity of less than ninety days are included within cash and cash equivalents. The remaining balance of cash and cash equivalents consisted of demand deposits.

(2)Cross currency swaps and foreign currency exchange contracts are included within other current assets, other long-term assets, accrued liabilities, or other long-term liabilities depending on the gain (loss) position and anticipated settlement date.