Company: ICUI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000883984-25-000030
Chunk: 131

Company: ICU MEDICAL INC/DE
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 131
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 value amounts, spot and forward exchange rates. These inputs relate to liquid, heavily traded currencies with active markets which are available for the full term of the derivative.The fair value of our Level 2 interest rate swaps is estimated using a pricing model that reflects the terms of the contracts, including the period to maturity, and relies on observable market inputs such as known notional value amounts and USD interest rate curves.Our assets and liabilities measured at fair value on a recurring basis consisted of the following Level 1, 2 and 3 inputs as defined above (in thousands): Fair value measurements as of June 30, 2025 Total carryingvalueQuoted pricesin activemarkets foridenticalassets (level 1)Significantotherobservableinputs (level 2)Significantunobservableinputs (level 3)Assets:Foreign exchange contracts:Prepaid expenses and other current assets$3,434 $— $3,434 $— Total Assets$3,434 $— $3,434 $— Liabilities:Foreign exchange contracts:Accrued liabilities$2,971 $— $2,971 $— Interest rate swaps:Other long-term liabilities2,084 — 2,084 — Total Liabilities$5,055 $— $5,055 $— 

23

ICU MEDICAL, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Continued)

 Fair value measurements as of December 31, 2024 Total carryingvalueQuoted pricesin activemarkets foridenticalassets (level 1)Significantotherobservableinputs (level 2)Significantunobservableinputs (level 3)Assets:Foreign exchange forwards:Prepaid expenses and other current assets$6,716 $— $6,716 $— Interest rate contracts:Prepaid expenses and other current assets11,038 — 11,038 — Other assets5,724 — 5,724 — Total Assets$23,478 $— $23,478 $— Liabilities:Foreign exchange contracts:Accrued liabilities$7,391 $— $7,391 $— Total Liabilities$7,391 $— $7,391