Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS Fair Value Measurements (Tables)

v3.22.2.2
FAIR VALUE MEASUREMENTS Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Fair Value of Assets and Liabilities Measured on a Recurring Basis
The following table shows the fair value of our significant financial assets that are required to be measured at fair value on a recurring basis, which are classified on the consolidated balance sheets as cash and cash equivalents.

Estimated Fair Value
September 30, 2022
December 31, 2021
Level 1 Level 2 Total Level 1 Level 2 Total
(in thousands)
Assets:
Cash equivalents $ 725,975  $ —  $ 725,975  $ 620,980  $ —  $ 620,980 
Interest rate swap —  44,254  44,254  —  —  — 
Liabilities:
Interest rate swap $ —  $ —  $ —  $ —  $ 8,558  $ 8,558 
Estimated Fair Values of Debt
The following table presents the estimated fair values of our senior secured notes, senior notes and convertible senior notes:
Estimated Fair Value at
September 30, 2022 December 31, 2021
Level 2
(in thousands)
6.5% Senior Secured Notes due 2027 $ 1,155,336  $ 1,315,284 
3.75% Senior Secured Notes due 2028 $ 422,735  $ 498,380 
4.75% Senior Notes due 2027 $ 829,768  $ 978,358 
4.875% Senior Notes due 2024 $ 554,553  $ 582,952 
5.625% Senior Notes due 2026 $ 285,126  $ 310,284 
2.5% Convertible Senior Notes due 2023 $ 651,360  $ 996,369 
2.0% Convertible Senior Notes due 2025 $ 400,040  $ 531,040