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FAIR VALUE MEASUREMENTS (Tables) | 3 Months Ended
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Mar. 31, 2025
Fair Value Disclosures [Abstract] |
Schedule of Fair Value Measurements, Recurring and Nonrecurring | The fair value hierarchy levels, carrying amounts and related fair value of the Company’s financial assets and liabilities as of March 31, 2025 were as follows (in thousands):
|  |  | March 31, 2025 |  | December 31, 2024
| Fair Value Hierarchy |  | Carrying Amount |  | Fair Value |  | Carrying Amount |  | Fair Value
Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents: |  |  |  |  |  |  |  |  |
Money market investments | Level 1 |  | $ | 57,284 |  |  | $ | 57,284 |  |  | $ | 67,998 |  |  | $ | 67,998 |
Other noncurrent assets (including current portion): |  |  |  |  |  |  |  |
Interest rate swap asset | Level 2 |  | $ | 44,233 |  |  | $ | 44,233 |  |  | $ | 63,859 |  |  | $ | 63,859 |
New MBI Net Option | Level 3 |  | $ | 79,450 |  |  | $ | 79,450 |  |  | $ | 84,120 |  |  | $ | 84,120 |
Liabilities: |  |  |  |  |  |  |  |  |
Long-term debt (including current portion): |  |  |  |  |  |  |  |
Term loans | Level 2 |  | $ | 1,724,712 |  |  | $ | 1,675,321 |  |  | $ | 1,729,221 |  |  | $ | 1,698,873 |
Revolving Credit Facility | Level 2 |  | $ | 273,000 |  |  | $ | 267,540 |  |  | $ | 313,000 |  |  | $ | 309,870 |
Senior Notes | Level 2 |  | $ | 650,000 |  |  | $ | 514,280 |  |  | $ | 650,000 |  |  | $ | 542,750 |
Convertible Notes | Level 2 |  | $ | 920,000 |  |  | $ | 819,778 |  |  | $ | 920,000 |  |  | $ | 821,342 |
Schedule of Assumptions Used to Determine the Fair Value of the MBI Net Option | The assumptions used to determine the fair value of the New MBI Net Option consisted of the following:
| March 31, 2025 |  | December 31, 2024
MBI's Equity volatility | 37.0 | % |  | 51.0 | %
MBI's EBITDA volatility | 20.0 | % |  | 20.0 | %
MBI's EBITDA risk-adjusted discount rate | 7.0 | % |  | 8.0 | %

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- Definition Tabular disclosure of financial instrument measured at fair value on recurring or nonrecurring basis. Includes, but is not limited to, instrument classified in shareholders' equity. + 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 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 100 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-100 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 + Details
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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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