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Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Summary of Fair Value Information and Derivative Financial Instruments
The following table summarizes the financial instruments measured at fair value in the Consolidated Balance Sheets as of September 30, 2022 and December 31, 2021: 
  
(Thousands)Total Carrying Value in the Consolidated Balance SheetsQuoted Prices
in  Active
Markets  for
Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
20222021202220212022202120222021
Financial Assets
Deferred compensation investments$2,754 $4,426 $2,754 $4,426 $ $— $ $— 
Foreign currency forward contracts3,796 3,368  — 3,796 3,368  — 
Interest rate swap8,467 —  — 8,467 —  — 
Precious metal swaps476 116  — 476 116  — 
Total$15,493 $7,910 $2,754 $4,426 $12,739 $3,484 $ $— 
Financial Liabilities
Deferred compensation liability$2,754 $4,426 $2,754 $4,426 $ $— $ $— 
Foreign currency forward contracts736 136  — 736 136  — 
Precious metal swaps23 24 — — 23 24 — — 
Total$3,513 $4,586 $2,754 $4,426 $759 $160 $ $—