Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of fair value measurements
The following tables summarize the Company’s financial assets and liabilities by valuation level as of December 31, 2021 and 2020:
Successor
  December 31, 2021
Level 1 Level 2 Level 3
(In thousands)
Assets:
Derivative Instruments
$ —  $ 23,359  $ — 
       Contingent consideration arrangement $ —  $ —  $ 5,800 
Total assets $ —  $ 23,359  $ 5,800 
Liabilities:
Derivative Instruments
$ —  $ 425,315  $ — 
Predecessor
December 31, 2020
Level 1 Level 2 Level 3
(In thousands)
Assets:
Derivative Instruments $ —  $ 27,468  $ — 
Contingent consideration arrangement $ —  $ —  $ 6,200 
Total assets $ —  $ 27,468  $ 6,200 
Liabilities:
Derivative Instruments $ —  $ 48,245  $ —