Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2024

Fair Value Disclosures [Abstract]

Summary of Fair Value Balances

The following table summarizes the fair value balances (in thousands):

			Fair Value Measurement at
			March 31, 2024
	Total		Level 1		Level 2		Level 3
Assets:
Company owned life insurance policies (1)	$	25,533	$	—	$	25,533	$	—
	$	25,533	$	—	$	25,533	$	—
Liabilities:
Deferred compensation liabilities	$	18,696	$	—	$	18,696	$	—
	$	18,696	$	—	$	18,696	$	—

			Fair Value Measurement at
			December 31, 2023
	Total		Level 1		Level 2		Level 3
Assets:
Company owned life insurance policies (1)	$	25,397	$	—	$	25,397	$	—
	$	25,397	$	—	$	25,397	$	—
Liabilities:
Deferred compensation liabilities	$	17,299	$	—	$	17,299	$	—
	$	17,299	$	—	$	17,299	$	—

(1) Company owned life insurance policies have cash surrender value and are intended to assist in funding deferred compensation liabilities and other benefit plans.