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Goodwill
 9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Goodwill
In the third quarter of 2024, the Company concluded that it was more likely than not that the estimated fair value of its reporting unit was less than its carrying value. In its assessment, the Company considered the decline in the Company's stock price, market and equity capitalization, operating results and projections. The fair value of the reporting unit was determined using a discounted cash flow model (a form of the income approach) utilizing Level 3 unobservable inputs, supported by a market approach. The Company relied in part on the work of an independent valuation firm engaged by the Company to provide inputs as to the fair value of the reporting unit and to assist in the related calculations and analysis. The Company's reporting unit did not pass the goodwill impairment test and as a result, the Company recorded a $63.0 million non-cash impairment charge during the three and nine months ended September 30, 2024.
The change in the carrying value of goodwill is as follows:
(In thousands)
Balance as of December 31, 2023 (1)
$310,360 
Impairment charge(63,000)
Translation adjustments(1,350)
Balance as of December 31, 2024
246,010 
Translation adjustments2,493 
Balance as of September 30, 2025$248,503 
(1) Goodwill balance is net of an accumulated impairment charge of $348.8 million as of December 31, 2023.