Financial instruments and fair value measurements

9 Months Ended

Sep. 30, 2022

Financial instruments and fair value measurements

Financial instruments and fair value measurements

Note 15 – Financial instruments and fair value measurements:

See Note 4 for information on how we determine fair value of our marketable securities.

The following table presents the financial instruments that are not carried at fair value but which require fair value disclosure:

	December 31, 2021				September 30, 2022
	Carrying		Fair		Carrying		Fair
	amount		value		amount		value
	(In thousands)
Cash, cash equivalents and restricted cash	$	175,242	$	175,242	$	156,238	$	156,238

Due to their near-term maturities, the carrying amounts of accounts receivable and accounts payable are considered equivalent to fair value.