FAIR VALUE (Tables)

12 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents the fair value hierarchy for our assets and liabilities measured at fair value on a recurring basis (in thousands):

		Fair Value
	Level in Fair	December 31,
	Value Hierarchy	2024		2023
Assets:
Other current assets:
Pay-fixed interest rate swaps (1)	2	$	—	$	2,261
Other non-current assets:
Pay-fixed interest rate swaps (1)	2	1,162		—
Equity securities (2)	1	141		310
Total other non-current assets		1,303		310
Total assets at fair value		$	1,303	$	2,571
Liabilities:
Other current liabilities:
Pay-fixed interest rate swaps (1)	2	$	134	$	—
Other long-term liabilities:
Pay-fixed interest rate swaps (1)	2	2,420		1,792
Contingent consideration associated with acquisitions	3	9,315		8,896
Total other long-term liabilities		11,735		10,688
Total liabilities at fair value		$	11,869	$	10,688

(1) Pay-fixed interest rate swaps are measured on a recurring basis by netting the discounted future fixed cash payments and the discounted expected variable cash receipts. The variable cash receipts are based on the expectation of future interest rates (forward curves) derived from observed market interest rate curves. See Note 8 – Debt and Credit Facilities for further information on our interest rate swaps.

(2) Represents our investment in an autonomous technology company. For additional information regarding the valuation of this equity security, see Note 7 – Investments.

Schedule of Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The following table presents changes in the fair value of our contingent earnout liabilities for the years ended December 31, 2024 and 2023 (in thousands):

Balance as of December 31, 2022	$	13,400
Measurement period adjustment associated with the acquisition of ReedTMS (1)	(800)
Payment for contingent consideration (2)	(1,500)
Change in fair value (3)	(2,204)
Balance as of December 31, 2023	8,896
Change in fair value	419
Balance as of December 31, 2024	$	9,315

(1) The measurement period adjustment was recorded in goodwill on the consolidated balance sheet.

(2) The contingent earnout period related to the ReedTMS acquisition ended on December 31, 2023 and resulted in an additional cash payment, as certain financial performance goals were achieved.

(3) Includes a net favorable change of $2.7 million to the contingent earnout liability related to the ReedTMS acquisition for the year ended December 31, 2023.