v3.26.1
FAIR VALUE MEASUREMENTS
3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS FAIR VALUE MEASUREMENTS
The Company measures certain financial assets and liabilities at fair value in accordance with the policy described in Note 1 – Business Overview and Significant Accounting Policies to the Company’s Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025.
Other than the Company’s fixed-rate debt disclosed in Note 6Debt, there were no financial assets or liabilities that were remeasured using quoted prices in active markets for identical assets (Level 1) as of March 31, 2026 or December 31, 2025. The Company had no financial assets or liabilities that are remeasured on a recurring basis using unobservable inputs that reflect estimates and assumptions (Level 3) as of March 31, 2026 or December 31, 2025.
Level 2 assets and liabilities that are remeasured using significant observable inputs consisted of the following, except for derivatives, which are discussed in Note 5Derivative Instruments and Hedging Strategies
March 31,
2026
December 31,
2025
Assets:
Other current assets:
NQDC Plan assets$4,055 $3,765 
Other assets:
NQDC Plan assets40,687 41,689 
Total assets$44,742 $45,454 
Liabilities:
Accounts payable and accrued liabilities:
NQDC Plan liability$4,055 $3,765 
Other long-term liabilities:
NQDC Plan liability40,687 41,689 
Total liabilities$44,742 $45,454 
There were no transfers between levels during the three months ended March 31, 2026.