The following tables set forth our assets and liabilities that were measured at fair value on a recurring basis by level within the fair value hierarchy:


(in thousands)
As of June 30, 2025	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance as of June 30, 2025

Assets
Money market funds (1)	$	7,508	$	—	$	—	$	7,508
Foreign currency exchange contracts (2)	$	—	$	698	$	—	$	698
Interest rate swap (3)	$	—	$	356	$	—	$	356
Liabilities
Cross currency swaps (2)	$	—	$	15,019	$	—	$	15,019
Foreign currency exchange contracts (2)	$	—	$	12,355	$	—	$	12,355
Contingent consideration	$	—	$	—	$	1,500	$	1,500


(in thousands)
As of December 31, 2024	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance as of December 31, 2024

Assets
Money market funds (1)	$	139,626	$	—	$	—	$	139,626
Cross currency swaps (2)	$	—	$	3,501	$	—	$	3,501
Foreign currency exchange contracts (2)	$	—	$	16,921	$	—	$	16,921
Interest rate swap (3)	$	—	$	710	$	—	$	710
Liabilities
Cross currency swaps (2)	$	—	$	33	$	—	$	33
Contingent consideration	$	—	$	—	$	2,300	$	2,300

(1)Money market funds with an original maturity of less than ninety days are included within cash and cash equivalents.

(2)Cross currency swaps and foreign currency exchange contracts are included within other current assets, other long-term assets, accrued liabilities, or other long-term liabilities depending on the gain (loss) position and anticipated settlement dates.