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Fair Value Measurement (Tables) | 3 Months Ended
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Mar. 31, 2026
Fair Value Disclosures [Abstract] |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis | The following tables summarize significant assets and liabilities measured at fair value in the condensed consolidated balance sheets on a recurring basis for each of the fair value measurement levels (in thousands):
| Fair Value Measurement at Reporting Date Using
March 31, 2026 | Level 1 |  | Level 2 |  | Level 3 |  | Total
Cash equivalents: |  |  |  |  |  |  |
Money market funds | $ | 40,152 |  |  | $ | — |  |  | $ | — |  |  | $ | 40,152 |
Other current assets: |  |  |  |  |  |  |
Interest rate swaps | $ | — |  |  | $ | 3,278 |  |  | $ | — |  |  | $ | 3,278 |
Heating oil derivatives | — |  |  | 3,650 |  |  | — |  |  | 3,650 |
Total assets | $ | 40,152 |  |  | $ | 6,928 |  |  | $ | — |  |  | $ | 47,080 |
December 31, 2025 |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |
Money market funds | $ | 231,865 |  |  | $ | — |  |  | $ | — |  |  | $ | 231,865 |
Other current assets: |  |  |  |  |  |  |
Interest rate swaps | $ | — |  |  | $ | 830 |  |  | $ | — |  |  | $ | 830 |
Total assets | $ | 231,865 |  |  | $ | 830 |  |  | $ | — |  |  | $ | 232,695 |
Accrued and other current liabilities: |  |  |  |  |  |  |
Heating oil derivatives | $ | — |  |  | $ | 122 |  |  | $ | — |  |  | $ | 122 |
Total liabilities | $ | — |  |  | $ | 122 |  |  | $ | — |  |  | $ | 122 |
Carrying Values and Estimated Fair Values of Financial Instruments Not Required to be Recorded at Fair Value | The carrying values and estimated fair values of financial instruments that are not required to be recorded at fair value in the condensed consolidated balance sheets were as follows:
|  |  | March 31, 2026 |  | December 31, 2025
(in thousands) | Fair Value Hierarchy |  | Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value
Assets: |  |  |  |  |  |  |  |  |
Held-to-maturity marketable securities (1) |  |  |  |  |  |  |  |  |
Corporate notes and bonds | Level 1 |  | $ | 54,969 |  |  | $ | 55,055 |  |  | $ | 59,477 |  |  | $ | 59,757 |
U.S. Government and agency obligations | Level 1 |  | $ | 5,000 |  |  | $ | 4,999 |  |  | $ | 10,001 |  |  | $ | 10,006 |
Commercial paper | Level 1 |  | $ | 9,944 |  |  | $ | 9,942 |  |  | $ | 39,202 |  |  | $ | 39,198 |
Municipal notes and bonds | Level 1 |  | $ | 11,894 |  |  | $ | 11,896 |  |  | $ | 11,875 |  |  | $ | 11,890 |
Liabilities (including current maturities): |  |  |  |  |  |  |  |  |
3.75% Convertible Notes (2) | Level 2 |  | $ | 273,750 |  |  | $ | 720,032 |  |  | $ | 373,750 |  |  | $ | 950,013 |
3.25% Convertible Notes (2) | Level 2 |  | $ | 373,750 |  |  | $ | 614,047 |  |  | $ | 373,750 |  |  | $ | 597,206 |
Credit Agreement - Term Loan (2) | Level 3 |  | $ | 600,000 |  |  | $ | 601,581 |  |  | $ | 600,000 |  |  | $ | 602,265 |
(1) All marketable securities were classified as held-to-maturity as of the periods presented. Of the above balances, $49.2 million and $71.0 million were short-term marketable securities on our condensed consolidated balance sheets as of March 31, 2026 and December 31, 2025, respectively and $32.6 million were long-term marketable securities on our condensed consolidated balance sheets as of March 31, 2026. Our long-term marketable securities have varying maturities between one and three years. (2) The fair values of our 3.25% convertible senior notes due 2030 (the “3.25% Convertible Notes”) and our 3.75% convertible senior notes due 2028 (the “3.75% Convertible Notes”) are based on the median price of the notes in an active market. The fair value of the Credit Agreement is based on borrowing rates available to us for long-term loans with similar terms, average maturities and credit risk. See Note 14 for more information about our convertible notes and the Credit Agreement.

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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 10 -SubTopic 10 -Topic 825 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482881/825-10-55-10 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-13 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482881/825-10-55-12 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-12 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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