Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2025

Fair Value Measurements

Schedule of assets measured at fair value on a recurring basis

Assets measured at fair value on a recurring basis are summarized below (in thousands):

	Fair Value Measurements as of March 31, 2025
	Total		Level 1		Level 2		Level 3
Marketable Securities
Bonds and bond funds	$	256,362	$	—	$	256,362	$	—
Commercial paper		315,549		—		315,549		—
		571,911		—		571,911		—
Investments in Other Companies		4,980		—		—		4,980
Cash and Cash Equivalents		178,973		178,973		—		—
Total Assets Measured at Fair Value	$	755,864	$	178,973	$	571,911	$	4,980

	Fair Value Measurements as of December 31, 2024
	Total		Level 1		Level 2		Level 3
Marketable Securities
Bonds and bond funds	$	462,333	$	—	$	462,333	$	—
Commercial paper		111,933		—		111,933		—
		574,266		—		574,266		—
Investments in Other Companies		8,160		—		—		8,160
Cash and Cash Equivalents		227,362		227,362		—		—
Total Assets Measured at Fair Value	$	809,788	$	227,362	$	574,266	$	8,160