Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2025

Assets and liabilities measured at fair value on a recurring basis as of September 30, 2025 were as follows:


	Fair Value Measurements as of
	September 30, 2025 using:
(in thousands)	Level 1		Level 2		Level 3		Balance Sheet Location
Assets
Rabbi trust	$	2,877	$	—	$	—	Prepaid and other assets
Foreign exchange derivative instruments	—		1,307		—		Prepaid and other assets


Deferred compensation program assets	707		—		—		Other assets


Total assets	$	3,584	$	1,307	$	—
Liabilities
Foreign exchange derivative instruments	$	—	$	2,842	$	—	Accrued expenses and other liabilities

Deferred compensation program liabilities	707		—		—		Other noncurrent liabilities


Total liabilities	$	707	$	2,842	$	—

Assets and liabilities measured at fair value on a recurring basis as of December 31, 2024 were as follows:


	Fair Value Measurements as of
	December 31, 2024 using:
(in thousands)	Level 1		Level 2		Level 3		Balance Sheet Location
Assets
Rabbi trust	$	3,150	$	—	$	—	Prepaid and other assets
Foreign exchange derivative instruments	—		8,135		—		Prepaid and other assets
Interest rate derivative instruments	—		4		—		Prepaid and other assets

Deferred compensation program assets	633		—		—		Other assets


Total assets	$	3,783	$	8,139	$	—
Liabilities
Foreign exchange derivative instruments	$	—	$	251	$	—	Accrued expenses and other liabilities
Interest rate derivative instruments	—		1		—		Accrued expenses and other liabilities
Deferred compensation program liabilities	633		—		—		Other noncurrent liabilities


Total liabilities	$	633	$	252	$	—

Acushnet Holdings Corp. 10-Q