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Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Contractual Maturities of Debt Securities
The following table summarizes the contractual maturities of debt securities held as of December 31, 2024 and 2023 which are classified within “Marketable securities, at fair value” and “Restricted marketable securities, at fair value” in the Consolidated Balance Sheets:
Debt Securities — Available-for-Sale
Contractual maturity:December 31, 2024December 31, 2023
(in thousands)
Marketable securities, at fair value
Maturing in one year or less$653 $6,324 
Maturing in second year through fifth year23,341 34,939 
Maturing in sixth year through tenth year13,113 39,309 
Maturing after ten years13,428 12,559 
Total marketable securities, at fair value$50,535 $93,131 
Restricted marketable securities, at fair value
Maturing in one year or less$2,474 $— 
Maturing in second year through fifth year15,774 — 
Maturing in sixth year through tenth year5,837 — 
Maturing after ten years1,020 — 
Total restricted marketable securities, at fair value$25,105 $— 
Total debt securities — available-for-sale$75,640 $93,131 
Schedule of Fair Value Measurements
The following tables provide fair value measurement information for the Company’s financial assets, including marketable securities, restricted marketable securities and deferred compensation fund investments as of December 31, 2024 and 2023:

As of December 31, 2024
Fair Value Measurement Using:
(amounts in thousands)Carrying AmountTotal Fair ValueQuoted Prices in Active Markets (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)
Marketable securities
Municipal bonds — taxable$9,600 $9,600 $— $9,600 $— 
Municipal bonds — non-taxable40,935 40,935 — 40,935 — 
Total marketable securities$50,535 $50,535 $— $50,535 $— 
Restricted marketable securities
U.S. treasury bonds$7,309 $7,309 $— $7,309 $— 
U.S. government agency bonds1,218 1,218 — 1,218 — 
International fixed income bonds652 652 — 652 — 
Corporate bonds6,796 6,796 — 6,796 — 
Municipal bonds — taxable9,130 9,130 — 9,130 — 
Total restricted marketable securities$25,105 $25,105 $— $25,105 $— 
Deferred compensation plan
Money market1
$1,961 $1,961 $— $1,961 $— 
Commodities295 295 295 — — 
Fixed income4,417 4,417 4,417 — — 
International4,999 4,999 4,999 — — 
Large cap blend6,669 6,669 6,669 — — 
Large cap growth18,524 18,524 18,524 — — 
Large cap value6,964 6,964 6,964 — — 
Mid cap blend3,957 3,957 3,957 — — 
Real estate372 372 372 — — 
Small cap blend2,980 2,980 2,980 — — 
Deferred compensation plan2
$51,138 $51,138 $49,177 $1,961 $— 
As of December 31, 2023
Fair Value Measurement Using:
(amounts in thousands)Carrying
Amount		Total Fair
Value		Quoted Prices in Active Markets (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)
Marketable securities
Municipal bonds — non-taxable$93,131 $93,131 $— $93,131 $— 
Deferred compensation plan
Money market1
$2,007 $2,007 $— $2,007 $— 
Commodities298 298 298 — — 
Fixed income4,254 4,254 4,254 — — 
International4,621 4,621 4,621 — — 
Large cap blend5,053 5,053 5,053 — — 
Large cap growth13,886 13,886 13,886 — — 
Large cap value5,964 5,964 5,964 — — 
Mid cap blend3,192 3,192 3,192 — — 
Real estate374 374 374 — — 
Small cap blend2,664 2,664 2,664 — — 
Deferred compensation plan2
$42,313 $42,313 $40,306 $2,007 $— 
1.The fair value of the money market is based on the NAV of the shares held by the plan at the end of the period. The money market fund includes short-term United States dollar denominated money market instruments and the NAV is determined by the custodian of the fund. The money market fund can be redeemed at its NAV at the measurement date as there are no significant restrictions on the ability to sell this investment.
2.The deferred compensation plan carrying amounts and total fair value amounts as of December 31, 2024 and 2023 are inclusive of $1.5 million each of holdings expected to be paid to former employees within the next twelve months which were recorded under Prepaid expenses and other assets in the Company’s Consolidated Balance Sheets.
The following table shows the amortized cost, unrealized gains and losses, and estimated fair value of the Company’s debt securities as of December 31, 2024 and 2023:
Amortized CostGross Unrealized GainsGross Unrealized LossesEstimated Fair Value
Credit Impairment Losses1
December 31, 2024(in thousands)
Type of security:
Marketable securities
Municipal bonds — taxable$10,276 $— $(676)$9,600 $— 
Municipal bonds — non-taxable43,255 — (2,320)40,935 — 
Total marketable securities$53,531 $— $(2,996)$50,535 $— 
Restricted marketable securities
U.S. treasury bonds$7,276 $38 $(5)$7,309 
U.S. government agency bonds1,208 10 — 1,218 
International fixed income bonds647 5 — 652 
Corporate bonds6,780 30 (14)6,796 
Municipal bonds — taxable9,131 40 (41)9,130 
Total restricted marketable securities$25,042 $123 $(60)$25,105 $— 
Total debt securities — available-for-sale$78,573 $123 $(3,056)$75,640 $— 
December 31, 2023
Type of security:
Municipal bonds — non-taxable$95,466 $387 $(2,722)$93,131 $— 
Total debt securities — available-for-sale$95,466 $387 $(2,722)$93,131 $—