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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Measurements  
Fair value of debt instruments The carrying and fair values of these liabilities were as follows:

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March 31, 2026

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December 31, 2025

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Carrying

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Fair

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Carrying

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Fair  

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Value

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Value

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Value

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Value

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(In thousands)

7.50% senior guaranteed notes due January 2028

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$

—

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$

—

 

$

379,146

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$

379,491

1.75% senior exchangeable notes due June 2029

 

 

250,000

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229,413

 

 

250,000

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202,868

9.125% senior priority guaranteed notes due January 2030

 

 

650,000

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682,214

 

 

650,000

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683,293

8.875% senior guaranteed notes due August 2031

 

 

550,000

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573,496

 

 

550,000

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533,638

7.625% senior priority guaranteed notes due November 2032

 

 

700,000

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716,338

 

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700,000

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687,890

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$

2,150,000

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$

2,201,461

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$

2,529,146

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$

2,487,180

Less: current portion

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—

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377,492

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Less: deferred financing costs

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31,271

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34,467

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$

2,118,729

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$

2,117,187

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