Fair Value

9 Months Ended

Sep. 30, 2024

Fair Value Disclosures [Abstract]

Fair Value

NOTE 12 – FAIR VALUE

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

	September 30, 2024
(in thousands)	Level 1		Level 2		Level 3		Total		Location on Balance Sheet
Assets:
Interest rate swaps - current portion	$	—	$	1,674	$	—	$	1,674	Prepaid expenses and other assets
Company-owned life insurance policies		—		23,160		—		23,160	Other assets
Liabilities:
Interest rate swaps - current portion	$	—	$	564	$	—	$	564	Accrued expenses and other current liabilities
Interest rate swaps - long-term portion		—		3,917		—		3,917	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
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