Fair Value Measurement (Tables)

9 Months Ended

Sep. 30, 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)	September 30, 2024		Location	Level 1		Level 2		Level 3
Assets:
Money market mutual funds	$	115,205	Other noncurrent assets	$	115,205
Certificates of deposit		2,201	Other noncurrent assets				2,201
Equity securities		44,654	Other noncurrent assets		44,654
Deferred compensation assets		49,270	Other noncurrent assets		49,270
	$	211,330		$	209,129	$	2,201		-
Liabilities:
Foreign currency forward exchange contracts	$	1,533	Accounts payable and other liabilities			$	1,533
Deferred compensation liability		49,270	Other noncurrent liabilities		49,270
	$	50,803		$	49,270	$	1,533		-
	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 forward 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		-