Company: AMKR
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001047127-25-000168
Chunk: 122

Company: AMKOR TECHNOLOGY, INC.
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 1
Chunk 122
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 expenditures payable and certain other current assets and accrued expenses approximate carrying values because of their short-term nature.  The carrying value of certain other non-current assets and liabilities approximates fair value.  Our assets and liabilities recorded at fair value on a recurring basis include restricted cash money market funds and short-term investments, including investments classified as cash equivalents.  Cash equivalent money market funds and restricted cash money market funds are invested in U.S. money market funds and various U.S. and foreign bank operating and time deposit accounts, which are due on demand or carry a maturity date of less than three months when purchased.  No restrictions have been imposed on us regarding withdrawal of balances with respect to our cash equivalents as a result of liquidity or other credit market issues affecting the money market funds we invest in or the counterparty financial institutions holding our deposits.  Our derivative financial instruments are valued using quoted market prices for similar assets.  Counterparties to these derivative contracts are highly rated financial institutions.We also measure certain assets and liabilities, including property, plant and equipment and goodwill, at fair value on a nonrecurring basis.  We measure the fair value of our debt for disclosure purposes.  The following table presents the fair value of our debt:June 30, 2025December 31, 2024Fair ValueCarrying ValueFair ValueCarrying Value(In thousands)Senior notes (Level 1)$527,000 $523,024 $525,562 $522,615 Revolving credit facilities and term loans (Level 2)1,045,633 1,050,021 625,818 636,845 Total debt$1,572,633 $1,573,045 $1,151,380 $1,159,460 The estimated fair value of our senior notes is based primarily on quoted market prices reported on or near the respective balance sheet dates.  The estimated fair value of our revolving credit facilities and term loans is calculated using a discounted cash flow analysis, which utilizes market-based assumptions, including forward interest rates adjusted for credit risk.

15.    Commitments and Contingencies 

We generally warrant that our services will be performed in a professional and workmanlike manner and in compliance with our customers’ specifications.  We accrue costs for known warranty issues.  Historically, our warranty costs have been immaterial.Insolvency payments associated with Nanium acquisitionIn June 2025, we received $72.8 million for a receivable subject to