Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2026

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Assets and Liabilities Measured On Recurring Basis

The following tables present information about the Company’s financial assets and liabilities measured at fair value on a recurring basis and indicate the level of the fair value hierarchy utilized to determine such fair values (in thousands):


		As of September 30, 2026
		Level 1				Level 2				Level 3				Total
Current assets
Money market funds		$	44,582			$	—			$	—			$	44,582
Pension plan assets			—				12,306				—				12,306
Corporate debt securities			—				269,551				—				269,551
U.S. Treasury securities			—				262,995				—				262,995
Total assets measured at fair value		$	44,582			$	544,852			$	—			$	589,434


		As of December 31, 2025
		Level 1				Level 2				Level 3				Total
Current assets
Money market funds		$	129,279			$	—			$	—			$	129,279
Pension plan assets			—				12,440				—				12,440
Corporate debt securities			—				99,596				—				99,596
U.S. Treasury securities			—				147,625				—				147,625
Total assets measured at fair value		$	129,279			$	259,661			$	—			$	388,940