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Fair Value (Tables)
12 Months Ended
Dec. 31, 2020
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 financial statements are as follows:

 

 

December 31, 2020

 

 

 

(in thousands)

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

Location on Balance Sheet

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forward contract agreements

$

 

 

$

103

 

 

$

 

 

$

103

 

 

Prepaid expenses and other

Deferred compensation investments in cash surrender life insurance

 

 

 

 

16,796

 

 

 

 

 

 

16,796

 

 

Other assets

Total

$

 

 

$

16,899

 

 

$

 

 

$

16,899

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred compensation plan liabilities

$

 

 

$

17,276

 

 

$

 

 

$

17,276

 

 

Other long-term liabilities

Interest rate swaps - current portion

 

 

 

 

3,693

 

 

 

 

 

 

3,693

 

 

Accrued expenses and other current liabilities

Interest rate swaps - long-term portion

 

 

 

 

7,234

 

 

 

 

 

 

7,234

 

 

Other long-term liabilities

Total

$

 

 

$

28,203

 

 

$

 

 

$

28,203

 

 

 

 

 

December 31, 2019

 

 

 

(in thousands)

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

Location on Balance Sheet

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forward contract agreements

$

 

 

$

733

 

 

$

 

 

$

733

 

 

Prepaid expenses and other

Deferred compensation investments in cash surrender life insurance

 

 

 

 

15,020

 

 

 

 

 

 

15,020

 

 

Other assets

Total

$

 

 

$

15,753

 

 

$

 

 

$

15,753

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred compensation plan liabilities

$

 

 

$

14,855

 

 

$

 

 

$

14,855

 

 

Other long-term liabilities

Interest rate swaps - current portion

 

 

 

 

1,069

 

 

 

 

 

 

1,069

 

 

Accrued expenses and other current liabilities

Interest rate swaps - long-term portion

 

 

 

 

2,742

 

 

 

 

 

 

2,742

 

 

Long-term Liabilities: Other

Total

$

 

 

$

18,666

 

 

$

 

 

$

18,666