Fair Value Measures (Tables)

12 Months Ended

Dec. 31, 2022

Dec. 31, 2021

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on a Recurring Basis

Assets and liabilities measured at fair value on a recurring basis as of December 31, 2022 are as follows:

(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	120,481	$	—	$	—	$	120,481
Short-term investments:
Money market funds	80		—		—		80
Mutual fund shares	642		—		—		642
Prepaid expenses and other current assets:
Derivative financial instruments	—		23,333		—		23,333
Other non-current assets:
Money market funds	1,456		—		—		1,456
Mutual fund shares	19,026		—		—		19,026
Derivative financial instruments	—		7,153		—		7,153
Total assets measured at fair value	$	141,685	$	30,486	$	—	$	172,171
Liabilities:
Accrued liabilities:
Derivative financial instruments	$	—	$	3,782	$	—	$	3,782
Other long-term liabilities:
Derivative financial instruments	—		1,770		—		1,770
Total liabilities measured at fair value	$	—	$	5,552	$	—	$	5,552

Assets and liabilities measured at fair value on a recurring basis as of December 31, 2021 are as follows:

(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	2,677	$	—	$	—	$	2,677
Short-term investments:
Available-for-sale short-term investments:(1)
U.S. Government treasury bills	—		130,168		—		130,168
Other short-term investments:
Money market funds	73		—		—		73
Mutual fund shares	904		—		—		904
Prepaid and other current assets:
Derivative financial instruments	—		9,397		—		9,397
Other non-current assets:
Money market funds	2,219		—		—		2,219
Mutual fund shares	19,606		—		—		19,606
Derivative financial instruments	—		10,142		—		10,142
Total assets measured at fair value	$	25,479	$	149,707	$	—	$	175,186
Liabilities:
Accrued liabilities:
Derivative financial instruments	$	—	$	3,572	$	—	$	3,572
Other long-term liabilities:
Derivative financial instruments	—		318		—		318
Total liabilities measured at fair value	$	—	$	3,890	$	—	$	3,890

(1) Available-for-sale short-term investments have remaining maturities of less than one year.