Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following tables present our assets and liabilities measured at fair value on a recurring basis as of March 31, 2026 and December 31, 2025 classified by the input method used to measure fair value:


(in thousands)	Level 1		Level 2		Level 3

March 31, 2026

Assets:
Investments:
Money Market Funds	$	1,687	$	—	$	—
Mutual Funds	18,845		—		—
Corporate Debt Securities	—		1,267		—
Government Debt Securities	—		63,523		—
Derivative Instruments	—		1,489		—
Total Assets	20,532		66,279		—
Liabilities:
Derivative Instruments	—		1,425		—
Total Liabilities	$	—	$	1,425	$	—

December 31, 2025

Assets:
Investments:
Money Market Funds	$	2,666	$	—	$	—
Mutual Funds	16,727		—		—
Corporate Debt Securities	—		1,320		—
Government Debt Securities	—		63,136		—
Derivative Instruments	—		124		—
Total Assets	19,393		64,580		—
Liabilities:
Derivative Instruments	—		2,717		—
Total Liabilities	$	—	$	2,717	$	—

Schedule of Fair Value of Assets and Liabilities

The following reflects the carrying value and estimated fair value of these assets and liabilities as of March 31, 2026 and December 31, 2025:


	March 31, 2026				December 31, 2025
(in thousands)	Carrying Amount		Fair Value		Carrying Amount		Fair Value

Assets:
Cash and Cash Equivalents	$	348,354	$	348,354	$	386,193	$	386,193
Total Assets	348,354		348,354		386,193		386,193
Liabilities:
Short-Term Debt	67,971		67,971		60,242		60,242
Long-Term Debt	1,143,128		1,014,551		1,043,517		923,639
Total Liabilities	$	1,211,099	$	1,082,522	$	1,103,759	$	983,881