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Fair Value (Tables)
3 Months Ended
Mar. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Financial Instruments Measured at Fair Value on Recurring Basis

Financial instruments measured at fair value on a recurring basis and their location within the accompanying consolidated balance sheets are as follows:

 

 

March 31, 2024

 

 

 

(in thousands)

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

Location on Balance Sheet

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swaps - current portion

$

 

 

$

5,178

 

 

$

 

 

$

5,178

 

 

Prepaid expenses and other assets

Foreign currency forward and swap contracts

 

 

 

 

10

 

 

 

 

 

 

10

 

 

Prepaid expenses and other assets

Interest rate swaps - long-term portion

 

 

 

 

186

 

 

 

 

 

 

186

 

 

Other assets

Company-owned life insurance policies

 

 

 

 

21,654

 

 

 

 

 

 

21,654

 

 

Other assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swaps - long-term portion

$

 

 

$

1,422

 

 

$

 

 

$

1,422

 

 

Other long-term liabilities

 

 

 

December 31, 2023

 

 

 

(in thousands)

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

Location on Balance Sheet

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swaps - current portion

$

 

 

$

4,820

 

 

$

 

 

$

4,820

 

 

Prepaid expenses and other assets

Foreign currency forward and swap contracts

 

 

 

 

6

 

 

 

 

 

 

6

 

 

Prepaid expenses and other assets

Interest rate swaps - long-term portion

 

 

 

 

398

 

 

 

 

 

 

398

 

 

Other assets

Company-owned life insurance policies

 

 

 

 

20,438

 

 

 

 

 

 

20,438

 

 

Other assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swaps - long-term portion

$

 

 

$

4,184

 

 

$

 

 

$

4,184

 

 

Other long-term liabilities