Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2023

Schedule of Company's (Income) Loss 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,
		2023		2022
Dividend income		$	(1,563)	$	(295)
Realized and unrealized (gains) losses		(25,728)		30,296
(Income) loss from investments held in employee deferred compensation trusts		$	(27,291)	$	30,001

Schedule of 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, 2023		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	$	121,030	$	121,030	—	—
Mutual funds - bond	33,613		33,613		—	—
Mutual funds - stock	271,750		271,750		—	—
Mutual funds - blend	84,771		84,771		—	—
	$	511,164	$	511,164	—	—

			Fair Value Measurements Using
	Balance at December 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	$	77,730	$	77,730	—	—
Mutual funds - bond	31,096		31,096		—	—
Mutual funds - stock	245,908		245,908		—	—
Mutual funds - blend	78,000		78,000		—	—
	$	432,734	$	432,734	—	—

Schedule of Credit Losses

The following table sets forth the activity in the allowance for credit losses from December 31, 2022 through March 31, 2023 (in thousands):


	Allowance for Credit Losses




Balance as of December 31, 2022	$	22,561
Charges to expense	2,934
Deductions	(1,524)
Other, including foreign currency translation adjustments	111
Balance as of March 31, 2023	$	24,082