Company: SVV
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001883313-25-000026
Chunk: 57

Company: Savers Value Village, Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 8
Chunk 57
---
 and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows:•Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date.•Level 2 inputs are inputs other than unadjusted quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.•Level 3 inputs are unobservable inputs for the asset or liability.The level in the fair value hierarchy within which a fair value measurement in its entirety falls is based on the lowest level input that is significant to the fair value measurement.Recurring fair value measurementsThe following table presents financial assets and financial liabilities that are measured at fair value on a recurring basis at March 29, 2025:Fair Value Hierarchy(in thousands)Level 1Level 2Level 3TotalAssets:Money market funds$11,000 $— $— $11,000 Forward contracts— 3,045 — 3,045 Total$11,000 $3,045 $— $14,045 Liabilities:Acquisition-related contingent consideration$— $— $1,674 $1,674 The following table presents financial assets and financial liabilities that are measured at fair value on a recurring basis at December 28, 2024:Fair Value Hierarchy(in thousands)Level 1Level 2Level 3TotalAssets:Money market funds$57,000 $— $— $57,000 Forward contracts— 4,574 — 4,574 Total$57,000 $4,574 $— $61,574 Liabilities:Acquisition-related contingent consideration$— $— $2,000 $2,000 Money market funds, consisting of short-term deposits with an original maturity of three months or less, are valued based on quoted market prices of identical assets and are classified within level 1. Forward contracts are fair valued using independent valuation services, and the valuations are based on observable market data. As such, the forward contracts are classified within Level 2. The Company reviews the independent valuation and obtains an understanding of the methods used in pricing the instruments. 

10

Table of Contents

The fair value of the acquisition-related contingent consideration liability is measured using the probability-weighted present value of the potential payment. The probability-weighted