FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents the fair values of the Company’s financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2026:


	As of March 31, 2026
	Balance		Level 1		Level 2		Level 3
Foreign exchange derivative assets	$	1,184	$	—	$	1,184	$	—

Total assets measured at fair value on a recurring basis	$	1,184	$	—	$	1,184	$	—

Foreign exchange derivative liabilities	$	13,129	$	—	$	13,129	$	—
Contingent consideration liabilities	13,381		—		—		13,381
Total liabilities measured at fair value on a recurring basis	$	26,510	$	—	$	13,129	$	13,381

The following table presents the fair values of the Company’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2025:


	As of December 31, 2025
	Balance		Level 1		Level 2		Level 3
Foreign exchange derivative assets	$	1,981	$	—	$	1,981	$	—
Total assets measured at fair value on a recurring basis	$	1,981	$	—	$	1,981	$	—

Foreign exchange derivative liabilities	$	4,602	$	—	$	4,602	$	—
Contingent consideration liabilities	22,835		—		—		22,835
Total liabilities measured at fair value on a recurring basis	$	27,437	$	—	$	4,602	$	22,835

Schedule of Acquisition-Related Contingent Consideration Roll Forward

A reconciliation of the beginning and ending balances of Level 3 contingent consideration liabilities using significant unobservable inputs for the three months ended March 31, 2026 is as follows:


	Amount
Contingent consideration liabilities as of January 1, 2026	$	22,835


Changes in fair value of contingent consideration included in Interest and other income, net	985
Payment of contingent consideration for previously acquired businesses	(10,424)
Effect of foreign currency exchange rate changes, net	(15)
Contingent consideration liabilities as of March 31, 2026	$	13,381

Schedule of Estimated Fair Values of Financial Assets and Liabilities not Measured at Fair Value on Recurring Basis

The following tables present the estimated fair values of the Company’s financial assets and liabilities not measured at fair value on a recurring basis as of the dates indicated:


					Fair Value Hierarchy
	Balance		Estimated Fair Value		Level 1		Level 2		Level 3
March 31, 2026
Financial Assets:
Cash equivalents:

Time deposits	$	14,233	$	14,233	$	—	$	14,233	$	—


Financial Liabilities:
Borrowings under the 2025 Credit Agreement	$	165,000	$	165,000	$	—	$	165,000	$	—
Deferred consideration for asset acquisitions	$	18,066	$	18,066	$	—	$	18,066	$	—


					Fair Value Hierarchy
	Balance		Estimated Fair Value		Level 1		Level 2		Level 3
December 31, 2025
Financial Assets:
Cash equivalents:
Money market funds	$	5,402	$	5,402	$	5,402	$	—	$	—
Time deposits	37,441		37,441		—		37,441		—
Total cash equivalents	$	42,843	$	42,843	$	5,402	$	37,441	$	—
Financial Liabilities:
Borrowings under the 2025 Credit Agreement	$	25,000	$	25,000	$	—	$	25,000	$	—
Deferred consideration for asset acquisitions	$	29,532	$	29,532	$	—	$	29,532	$	—