Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2022

Accounting Policies [Abstract]

Schedule of Company's Income from Investments Held in Employee Deferred Compensation Trusts

The following table presents the Company’s (income) loss from investments held in employee deferred compensation trusts (in thousands):

	Three Months Ended March 31,
	2022		2021
Dividend income	$	(295)	$	(294)
Realized and unrealized (gains) losses	30,296		(11,694)
(Income) loss from investments held in employee deferred compensation trusts	$	30,001	$	(11,988)

Composition of Underlying Assets Comprising Company's Deferred Compensation Plan Assets

The following table sets forth the composition of the underlying assets which comprise the Company’s deferred compensation trust assets (in thousands):

	Fair Value Measurements Using
	Balance at March 31, 2022		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)	Significant Unobservable Inputs (Level 3)
Assets
Money market funds	$	71,511	$	71,511	—	—
Mutual funds - bond	29,442		29,442		—	—
Mutual funds - stock	285,364		285,364		—	—
Mutual funds - blend	90,509		90,509		—	—
	$	476,826	$	476,826	—	—
	Fair Value Measurements Using
	Balance at December 31, 2021		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)	Significant Unobservable Inputs (Level 3)
Assets
Money market funds	$	66,700	$	66,700	—	—
Mutual funds - bond	30,750		30,750		—	—
Mutual funds - stock	303,277		303,277		—	—
Mutual funds - blend	94,264		94,264		—	—
	$	494,991	$	494,991	—	—

Schedule of Credit Losses

The following table sets forth the activity in the allowance for credit losses from December 31, 2021 through March 31, 2022 (in thousands):

	Allowance for Credit Losses
Balance as of December 31, 2021	$	21,530
Charges to expense	2,065
Deductions	(1,005)
Other, including translation adjustments	(123)
Balance as of March 31, 2022	$	22,467