Fair Value Measures (Tables)

3 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

Carrying Amounts and Fair Values of Financial Assets and Liabilities

The following table shows the carrying amounts and fair values of financial liabilities which are disclosed, but not measured, at fair value, including their levels in the fair value hierarchy:

	March 31, 2022								December 31, 2021
	Carrying Amount		Fair Value						Carrying Amount		Fair Value
(in thousands)			Level 1		Level 2		Level 3				Level 1		Level 2		Level 3
ABL Facility	$	1,708,549	$	—	$	1,738,000	$	—	$	1,612,783	$	—	$	1,644,500	$	—
2025 Secured Notes	518,662		—		537,593		—		518,117		—		551,835		—
2028 Secured Notes	492,730		—		488,880		—		492,490		—		515,635		—
Total	$	2,719,941	$	—	$	2,764,473	$	—	$	2,623,390	$	—	$	2,711,970	$	—

Changes in Level 3 Liabilities Measured at Fair Value

The following table presents changes in Level 3 liabilities measured at fair value for the three months ended March 31, 2021:

(in thousands)	2015 Private Warrants
Balance - December 31, 2020	$	77,404
Measurement adjustment	27,056
Repurchases	(4,679)
Balance - March 31, 2021	$	99,781