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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2024
Fair Value Disclosures [Abstract]  
Summary of Liabilities Measured at Fair Value on a Recurring Basis on the Company's Consolidated Balance Sheets
The following table summarizes the valuation of liabilities measured at fair value on a recurring basis on the Company’s Consolidated Balance Sheets:
 
    
Level 1
    
Level 2
    
Level 3
 
September 30, 2024
        
Liabilities:
        
Contingent consideration payable
   $ —       $ —       $ 2,700  
  
 
 
    
 
 
    
 
 
 
Fair value of financial instruments
   $ —       $ —       $ 2,700  
  
 
 
    
 
 
    
 
 
 
Summary of Reconciliation of the Activity for the Level 3 Contingent Consideration Fair Value Measurements
The following table provides a reconciliation of the activity for the Level 3 contingent consideration fair value measurements during the nine-month period ended September 30, 2024:
 
Balance at December 31, 2023
   $ —   
Current year acquisitions
     2,700  
Fair value adjustments
     —   
Payments
     —   
  
 
 
 
Balance at September 30, 2024
   $ 2,700