Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2024

Fair Value Disclosures [Abstract]

Summary of Assets and Liabilities Recorded at Fair Value on Recurring Basis

The following tables present the assets and liabilities recorded at fair value on a recurring basis:

	Balance at		Balance Sheet	Basis of Fair Value Measurement
(in thousands)	March 31, 2024		Location	Level 1		Level 2		Level 3
Assets:
Money market mutual funds	$	110,856	Other noncurrent assets	$	110,856
Certificates of deposit		2,201	Other noncurrent assets				2,201
Equity securities		49,342	Other noncurrent assets		49,342
Deferred compensation assets		46,163	Other noncurrent assets		46,163
	$	208,562		$	206,361	$	2,201		-
Liabilities:
Foreign currency exchange contracts	$	333	Accounts payable and other liabilities			$	333
Deferred compensation liability		46,163	Other noncurrent liabilities		46,163
	$	46,496		$	46,163	$	333		-
	Balance at		Balance Sheet	Basis of Fair Value Measurement
(in thousands)	December 31, 2023		Location	Level 1		Level 2		Level 3
Assets:
Money market mutual funds	$	111,129	Other noncurrent assets	$	111,129
Certificates of deposit		2,300	Other noncurrent assets				2,300
Equity securities		49,923	Other noncurrent assets		49,923
Deferred compensation assets		43,060	Other noncurrent assets		43,060
	$	206,412		$	204,112	$	2,300		-
Liabilities:
Foreign currency exchange contracts	$	1,911	Accounts payable and other liabilities			$	1,911
Deferred compensation liability		43,060	Other noncurrent liabilities		43,060
	$	44,971		$	43,060	$	1,911		-