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Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2023
Fair Value Measurement  
Schedule of fair value of financial instruments

Carrying

Fair

Fair Value Measurements

As of December 31, 2023

    

Amount

    

Value

    

Level 1

    

Level 2

    

Level 3

Recurring assets and liabilities:

Long-term debt

$

1,030,580

$

216,213

$

$

216,213

$

Current portion of long-term debts

30,029

30,029

30,029

Private warrants liability of XBP Europe

50

50

50

    

Carrying

Fair

    

Fair Value Measurements

As of December 31, 2022

    

Amount

    

Value

    

Level 1

    

Level 2

    

Level 3

Recurring assets and liabilities:

Long-term debt

$

942,035

$

184,968

$

$

184,968

$

Current portion of long-term debts

154,802

121,893

121,893

Schedule of net assets and liabilities classified as Level 3 for reconciliation

December 31, 

    

2023

Balance as of November 29, 2023

$

647

Reduction in the fair value of the private warrants liability of XBP Europe

(597)

Balance as of December 31, 2023

$

50