Fair Value and Equity Investments (Tables)

9 Months Ended

Sep. 30, 2025

Fair Value and Equity Investments [Abstract]

Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables present the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis (U.S. dollars in thousands):

	Fair Value at September 30, 2025
	Level 1		Level 2			Level 3			Total
Financial assets:
Cash equivalents and current investments	$	44,678		$	—		$	—		$	44,678
Derivative financial instruments asset		—			—			—			—
Life insurance contracts		—			—			48,189			48,189
Total	$	44,678		$	—		$	48,189		$	92,867

	Fair Value at December 31, 2024
	Level 1		Level 2		Level 3		Total
Financial assets:
Cash equivalents and current investments	$	23,914	$	—	$	—	$	23,914
Derivative financial instruments asset		—		4,708		—		4,708
Life insurance contracts		—		—		44,091		44,091
Contingent consideration		—		—		—		—
Total	$	23,914	$	4,708	$	44,091	$	72,713

Changes in Fair Value of Level 3 Life Insurance Contracts

The following table provides a summary of changes in fair value of the Company’s Level 3 life insurance contracts (U.S. dollars in thousands):

	2025		2024
Beginning balance at January 1	$	44,091	$	45,041
Actual return on plan assets		4,098		6,153
Sales and settlements		—		(7,200	)
Ending balance at September 30	$	48,189	$	43,994

Changes in Fair Value of Level 3 Contingent Consideration

The following table provides a summary of changes in fair value of the Company’s Level 3 contingent consideration (U.S. dollars in thousands):

	2024
Beginning balance at January 1	$	(6,300	)
Payments		6,300
Ending balance at September 30	$	—