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Financial Instruments and Fair Value Disclosures (Tables)
3 Months Ended
Mar. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Fair Values and Related Carrying Values of Our Debt Instruments

Fair values and related carrying values of our long-term debt are shown below (in millions).

 

 

March 31, 2023

 

 

December 31, 2022

 

 

 

Fair Value

 

 

Carrying Value

 

 

Fair Value

 

 

Carrying Value

 

Exit Term Loans

 

$

90.9

 

 

$

100.0

 

 

$

91.1

 

 

$

100.0

 

First Lien Notes

 

 

82.4

 

 

 

85.3

 

 

 

78.3

 

 

 

85.3

 

Recurring Fair Value Measurements [Member]  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis

Assets and liabilities measured at fair value are summarized below (in thousands).

 

 

March 31, 2023

 

 

 

Fair Value Measurements Using

 

 

 

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Liabilities at
 Fair Value

 

 

Total Losses for Three Months Ended (1)

 

Recurring fair value measurements:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liability-classified Director restricted stock units

 

$

(1,607

)

 

$

 

 

$

 

 

$

(1,607

)

 

$

(219

)

 

Represents an increase in stock compensation expense due to the “marking-to-market” of liability-classified restricted stock units granted to our non-employee directors.
Nonrecurring Fair Value Measurements [Member]  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Assets Measured at Fair Value on Recurring and Nonrecurring Basis

 

 

December 31, 2022

 

 

 

Fair Value Measurements Using

 

 

 

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Liabilities at
 Fair Value

 

 

Total Losses for Year Ended (1)

 

Recurring fair value measurements:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liability-classified Director restricted stock units

 

$

(1,258

)

 

$

 

 

$

 

 

$

(1,258

)

 

$

(230

)

 

 

(1)
Represents an increase in stock compensation expense due to the “marking-to-market” of liability-classified restricted stock units granted to our non-employee directors.