Financial Instruments |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Investments, All Other Investments [Abstract] | |
| Financial Instruments | 12. Financial Instruments The Company's financial instruments consist primarily of investments in cash and cash equivalents, receivables and certain other assets, notes payable, and accounts payable, which approximate fair value at June 30, 2026 and December 31, 2025, due to their short-term nature or variable, market-driven interest rates. The fair value of the debt issued under the Credit Facility and joint venture term loan was $736.7 million and $214.2 million at June 30, 2026 and December 31, 2025, respectively. The fair value was determined considering market conditions, the Company's credit worthiness and the current terms of our debt, which is considered Level 2 on the fair value hierarchy. At June 30, 2026 and December 31, 2025, the Company had cash and cash equivalents of $61.1 million and $33.1 million, respectively, of which $49.1 million and $26.4 million, respectively, was held outside of the United States, principally in China, Canada, India, Netherlands, United Arab Emirates, and United Kingdom. |