Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

Our financial assets and liabilities measured at fair value on a recurring basis are as follows:

	Fair value measurements as of March 31, 2023
(In thousands)	Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Total
Assets:
Money market funds	$	52,074	$	—	$	—	$	52,074
Equity securities	543		—		—		543
Equity Method - FV option	34,414		—		—		34,414
Common stock options/warrants	—		26		—		26
Total assets	$	87,031	$	26	$	—	$	87,057
Liabilities:
Forward contracts	—		884		—		884
Contingent consideration	—		—		1,179		1,179
Total liabilities	$	—	$	884	$	1,179	$	2,063

	Fair value measurements as of December 31, 2022
(In thousands)	Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Total
Assets:
Money market funds	$	102,773	$	—	$	—	$	102,773
Equity securities	$	648	$	—	$	—	$	648
Equity Method - fair value option	21,120		—		—		21,120
Common stock options/warrants	—		28		—		28
Total assets	$	124,541	$	28	$	—	$	124,569
Liabilities:
Forward contracts	—		1,123		—		1,123
Contingent consideration	—		—		1,036		1,036
Total liabilities	$	—	$	1,123	$	1,036	$	2,159

Schedule of Carrying Amount and Estimated Fair Value of Long-Term Debt

The carrying amount and estimated fair value of our 2025 Notes, as well as the applicable fair value hierarchy tiers, are contained in the table below. The fair value of the 2025 Notes is determined using inputs other than quoted prices in active markets that are directly observable.

	March 31, 2023
(In thousands)	Carrying Value		Total Fair Value		Level 1		Level 2		Level 3
2025 Notes	$	142,375	$	130,122	$	—	$	130,122	$	—

Schedule of Reconciliation of the Beginning and Ending Balances of Level 3 Assets

The following table reconciles the beginning and ending balances of our Level 3 assets and liabilities as of March 31, 2023:

	March 31, 2023
(In thousands)	Contingent consideration
Balance at December 31, 2022	$	1,036
Change in fair value:
Included in results of operations	136
Foreign currency impact	7
Balance at March 31, 2023	$	1,179

Schedule of Reconciliation of the Beginning and Ending Balances of Level 3 Liabilities

The following table reconciles the beginning and ending balances of our Level 3 assets and liabilities as of March 31, 2023:

	March 31, 2023
(In thousands)	Contingent consideration
Balance at December 31, 2022	$	1,036
Change in fair value:
Included in results of operations	136
Foreign currency impact	7
Balance at March 31, 2023	$	1,179