Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2020

Fair Value Disclosures [Abstract]

Summary of Estimated Fair Values of Financial Assets and Liabilities Measured on a Recurring Basis

The estimated fair value of the Company’s financial assets and liabilities measured on a recurring basis is as follows:

Fair Value Measurements

	December 31, 2020		December 31, 2019
Financial Assets:	(amounts in thousands)
(Level 1)
Deferred compensation asset	$	1,156	$	830
Financial Liabilities:
(Level 1)
Deferred compensation liability	$	2,475	$	2,216
(Level 3)
Contingent consideration liabilities	$	—	$	7,300

Fair Value, Liabilities Measured on recurring Basis, Unobservable Input Reconciliation

The opening balances of contingent consideration liabilities are reconciled to the closing balances for fair value measurements of these liabilities categorized within Level 3 of the fair value hierarchy as follows:

	Contingent Consideration
	Liabilities
	(amounts in thousands)
December 31, 2018	$	7,689
Payments	(279)
Accretion expense	500
Valuation adjustment	(610)
December 31, 2019	7,300
Payments	(100)
Valuation adjustment	77
Reclassification to other current and long-term liabilities	(7,277)
December 31, 2020	$	—

Carrying Amounts and Estimated Fair Values of Significant Financial Instrument that were not Measured at Fair Value

The carrying amounts and estimated fair value of the Company’s significant financial instruments that were not measured at fair value are as follows:

	December 31, 2020				December 31, 2019
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
	(amounts in thousands)
Financial Liabilities:
(Level 2)
Note Payable	$	4,851	$	4,851	$	—	$	—
Senior Secured Asset-Based Loan	$	53,408	$	53,408	$	70,974	$	70,974