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FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Company's Notes Payable The carrying value and fair value of our borrowing instruments as of June 30, 2026, and December 31, 2025, were:
June 30, 2026December 31, 2025
Carrying ValueFair ValueCarrying ValueFair Value
(in thousands)
Term Loan B Facility$500,000 $502,813 $500,000 $504,063 
2029 Notes350,000 339,906 350,000 339,304 
2031 Notes350,000 326,454 350,000 323,971 
Revolving Facility134,000 134,000 62,000 62,000 
Schedule of Fair Value of Company's Non-Financial Assets
The fair values of these assets were determined based on Level 3 measurements, including estimates of the amount and timing of future cash flows based upon historical experience, expected market conditions, and management’s plans. We recorded impairments within ‘Asset impairments’ in our condensed consolidated statements of operations as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(in thousands)
Indefinite-lived trademark impairment (1)
$— $430,000 $— $430,000 
Goodwill impairment (1)
— 307,000 — 307,000 
Leasehold improvement asset impairment (2)
— — 3,301 — 
Information technology systems impairment (3)
— 1,115 — 1,115 
Total asset impairments$— $738,115 $3,301 $738,115 
(1) During the three months ended June 30, 2025, we recognized impairment charges of $430.0 million and $307.0 million to our indefinite-lived HEYDUDE trademark and HEYDUDE Brand reporting unit goodwill, respectively. Refer to Note 3 — Goodwill and Intangible Assets, Net for additional information.
(2) During the six months ended June 30, 2026, we recognized impairment charges of $3.3 million for certain HEYDUDE retail stores.
(3) During the three months ended June 30, 2025, we recognized an impairment of $1.1 million related to the discontinuation of an information technology project.