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FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following tables present the Company’s financial instruments that are measured at fair value on a recurring basis:
September 30, 2022
Quoted Market Prices for Identical Assets in Active Markets
(Level 1)
Significant Other Observable Inputs
(Level 2)
Significant Unobservable Inputs
(Level 3)
Total
Fair Value
Measurements
(In thousands)
Assets:
Cash equivalents:
Money market funds$204,538 $— $— $204,538 
Total$204,538 $— $— $204,538 
December 31, 2021
Quoted Market Prices for Identical Assets in Active Markets (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs
(Level 3)
Total
Fair Value
Measurements
(In thousands)
Assets:
Cash equivalents:
Money market funds$280,052 $— $— $280,052 
Total$280,052 $— $— $280,052 
Schedule of Carrying Value and Fair Value of Financial Instruments
The following table presents the carrying value and the fair value of financial instruments measured at fair value only for disclosure purposes:
September 30, 2022December 31, 2021
Carrying ValueFair ValueCarrying ValueFair Value
(In thousands)
Long-term debt, net (a)
$(495,098)$(351,250)$(494,552)$(486,875)
________________________
(a)    At September 30, 2022 and December 31, 2021, the carrying value of long-term debt, net includes unamortized debt issuance costs of $4.9 million and $5.4 million, respectively.