Fair Value Measurement (Tables)

9 Months Ended

Sep. 30, 2024

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents for each of these hierarchy levels, the Company's financial assets and liabilities that are measured at fair value on a recurring basis at September 30, 2024 and December 31, 2023:


(In thousands)	Level I		Level II		Level III		Total
At September 30, 2024:
Assets
Cash equivalents	$	191,597	$	—	$	—	$	191,597



Foreign currency derivatives	—		7,621		—		7,621

Liabilities

Foreign currency derivatives	—		1,662		—		1,662


At December 31, 2023:
Assets




Foreign currency derivatives	$	—	$	8,277	$	—	$	8,277

Liabilities

Foreign currency derivatives	—		2,295		—		2,295

Schedule of Carrying Values and Fair Values of the Company's Financial Instruments

The carrying values and estimated fair values of the Company's financial instruments, excluding those that are carried at fair value in the condensed consolidated balance sheets, are summarized as follows:


(In thousands)	September 30, 2024
	Carrying Amount		Estimated Fair Value
Debt instruments:
Term Loan A Facility	$	367,352	$	373,723
10.25% Senior Secured Notes due 2029	861,099		899,063
4.25% Senior Notes due 2029	974,938		709,207
4.25% Convertible Senior Notes due 2029	139,172		130,456
	$	2,342,561	$	2,112,449


(In thousands)	December 31, 2023
	Carrying Amount		Estimated Fair Value
Debt instruments:
Term Loan A Facility	$	602,551	$	577,884

4.75% Senior Notes due 2025	771,013		745,677
4.25% Senior Notes due 2029	988,185		780,670

	$	2,361,749	$	2,104,231