Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2021

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, 2021		Location	Level 1		Level 2		Level 3
Assets:
Term Deposit		250,000	Cash and cash equivalents				250,000
Money market mutual funds		119,400	Cash and cash equivalents		119,400
Money market mutual funds		70,974	Other assets		70,974
Certificates of deposit		2,200	Other assets				2,200
Available for sale securities		75,576	Other assets		75,576
Deferred compensation assets		42,702	Other assets		42,702
Foreign currency exchange contracts		3,136	Other current assets				3,136
	$	563,988			308,652		255,336		-
Liabilities:
Deferred compensation liability		42,702	Other noncurrent liabilities		42,702
	$	42,702			42,702		-		-
	Balance at		Balance Sheet	Basis of Fair Value Measurement
(in thousands)	December 31, 2020		Location	Level 1		Level 2		Level 3
Assets:
Term Deposit		540,000	Cash and cash equivalents				540,000
Money market mutual funds		37,100	Cash and cash equivalents		37,100
Money market mutual funds		70,995	Other assets		70,995
Certificates of deposit		2,300	Other assets				2,300
Available for sale securities		78,367	Other assets		78,367
Deferred compensation assets		42,044	Other assets		42,044
Foreign currency exchange contracts		9,987	Other current assets				9,987
	$	780,793			228,506		552,287		-
Liabilities:
Deferred compensation liability	$	42,044	Other noncurrent liabilities		42,044
	$	42,044			42,044		-		-