v3.26.1
Fair Value Measurement
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Fair Value Measurement Fair Value Measurement
Recurring Fair Value Measurements
The following tables present, by level within the fair value hierarchy, the Company's financial assets and liabilities that are measured at fair value on a recurring basis as of June 30, 2026 or December 31, 2025 according to the valuation technique utilized to determine their fair values.

Fair Value Measurements at June 30, 2026
(in thousands)Carrying ValueLevel 1Level 2Level 3
Assets:
Receivable due from unconsolidated affiliate$39,000 $— $— $39,000 
Total recorded at fair value$39,000 $— $— $39,000 

Fair Value Measurements at December 31, 2025
(in thousands)Carrying ValueLevel 1Level 2Level 3
Assets:
Receivable due from unconsolidated affiliate$97,000 $— $— $97,000 
Total recorded at fair value$97,000 $— $— $97,000 
The Company had no assets or liabilities Level 3 fair value measurements during the six months ended June 30, 2025. A reconciliation of the change in the carrying value of the Company's Level 3 fair value measurement during the six months ended June 30, 2026 is as follows:
Six months ended June 30, 2026
Balance at January 1st$97,000 
Change in fair value of receivable due from unconsolidated affiliate(58,000)
Balance at June 30th$39,000 
Valuation Techniques
The Company has not changed its valuation techniques in measuring the fair value of any of its other financial assets and liabilities during the period. For details of the Company’s fair value measurement policies under the fair value hierarchy, refer to the 2025 Form 10-K.
Nonrecurring Fair Value Measurements
The following table provides the assets and liabilities carried at fair value measured on a non-recurring basis as of June 30, 2026 and December 31, 2025. Refer to "Note E - Goodwill and Intangible Assets", for a description of the valuation techniques used to determine fair value of the assets measured on a non-recurring basis in the tables below.
Expense
Fair Value Measurements at June 30, 2026Six months ended
(in thousands)Carrying
Value		Level 1Level 2Level 3June 30, 2026
Goodwill - PrimaLoft$212,036 — — $212,036 $20,500 
Expense
Fair Value Measurements at December 31, 2025Year ended
(in thousands)
Carrying
Value (1)
Level 1Level 2Level 3December 31, 2025
Property, plant and equipment - Lugano$— — — $— $29,631 
Right-of-use asset - Lugano$— — — $— $1,884 
(1) Lugano recorded impairment expense in the second quarter of 2025 related to long-lived assets. As a result of the deconsolidation of Lugano on November 16, 2025, the carrying value of the related assets as of December 31, 2025 was $0.