Fair Value (Tables)

3 Months Ended

Mar. 31, 2025

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):

	Level in Fair Value Hierarchy	Fair Value
		March 31, 2025		December 31, 2024
Assets:
Other non-current assets:
Pay-fixed interest rate swaps (1)	2	$	165	$	1,162
Equity securities (2)	1	140		141
Total other non-current assets		$	305	$	1,303
Liabilities:
Other current liabilities:
Pay-fixed interest rate swaps (1)	2	$	70	$	134
Contingent consideration associated with acquisition	3	9,421		—
Total other current liabilities		9,491		134
Other long-term liabilities:
Pay-fixed interest rate swaps (1)	2	3,434		2,420
Contingent consideration associated with acquisition	3	—		9,315
Total other long-term liabilities		3,434		11,735
Total liabilities at fair value		$	12,925	$	11,869

(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 7 – 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 6 – 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 (in thousands):

	Three Months Ended March 31,
	2025		2024
Balance at beginning of period	$	9,315	$	8,896
Change in fair value	106		102
Balance at end of period	$	9,421	$	8,998