v3.26.3
Fair Value Measurements
 9 Months Ended
Sep. 30, 2026
Fair Value Disclosures [Abstract]  
Fair Value Measurements Fair Value Measurements
The following table presents information about the Company's short-term marketable debt securities measured at fair value on a recurring basis and indicates the level in the fair value hierarchy in which the Company classifies the fair value measurement:
(in thousands)
September 30, 2026
December 31, 2025
Level 2
Total
Level 2
Total
Eurocommercial Papers
$
89,067 
$
89,067 
$
— 
$
— 
Certificates of Deposit
29,691 
29,691 
59,451 
59,451 
Total
$
118,758 
$
118,758 
$
59,451 
$
59,451 
Cash, restricted cash, and accounts payable approximate their fair values as of September 30, 2026 and December 31, 2025, due to their short-term nature. Pension plan assets fair value is determined based on Level 2 inputs. The fair value
of the long-term debt is estimated using the net present value of the payments, discounted at an interest rate that is consistent with a market interest rate, which is a Level 2 input as it is not actively traded. As of September 30, 2026, long-term debt of $100.0 million is reported at amortized cost, which approximates the fair value.