Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2024

Fair Value Measurements

Summary of financial assets and liabilities measured on recurring basis

	September 30, 2024								December 31, 2023
	Level I		Level II		Level III		Total		Level I		Level II		Level III		Total
	(in thousands)
Financial Assets:
Cash, cash equivalents and restricted cash (1)	$	892,844	$	—	$	—	$	892,844	$	642,095	$	—	$	—	$	642,095
U.S. Treasury securities		—		—		—		—		200,418		—		—		200,418
Municipal securities		—		29,490		—		29,490		—		36,464		—		36,464
Total financial assets	$	892,844	$	29,490	$	—	$	922,334	$	842,513	$	36,464	$	—	$	878,977