Fair Value Measurements
at June 30, 2026 Using

Balance Sheet Location

Total

Level 1

Level 2

Level 3

Assets:

Certificates of deposit

Short-term cash investments

$

100,000

—

$

100,000

—

Derivative financial instruments

Other current assets

$

6

—

$

6

—

Equity securities

Other assets

$

2,227

$

2,227

—

—

Private equity securities

Other assets

$

3,406

—

—

$

3,406

Fair Value Measurements
at December 31, 2025 Using

Balance Sheet Location

Total

Level 1

Level 2

Level 3

Assets:

Certificates of deposit

Short-term cash investments

$

300,000

—

$

300,000

—

Derivative financial instruments

Other current assets

$

—

—

$

—

—

Equity securities

Other assets

$

1,564

$

1,564

—

—

Private equity securities

Other assets

$

3,406

—

—

$

3,406