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Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2023
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 March 31, 2023 and December 31, 2022: 
  
(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)
20232022202320222023202220232022
Financial Assets
Deferred compensation investments$3,860 $3,001 $3,860 $3,001 $ $— $ $— 
Foreign currency forward contracts385 1,291  — 385 1,291  — 
Interest rate swap7,175 7,863  — 7,175 7,863  — 
Precious metal swaps131 118  — 131 118  — 
Total$11,551 $12,273 $3,860 $3,001 $7,691 $9,272 $ $— 
Financial Liabilities
Deferred compensation liability$3,860 $3,001 $3,860 $3,001 $ $— $ $— 
Foreign currency forward contracts741 1,757  — 741 1,757  — 
Interest rate swap1,797 —  — 1,797 — — 
Precious metal swaps874 411  — 874 411  — 
Total$7,272 $5,169 $3,860 $3,001 $3,412 $2,168 $ $—