Fair-Value Measurements (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Fair Value of Financial Assets and Liabilities

The following table presents the fair-value hierarchy for our Level 1 and Level 2 financial and non-financial assets and liabilities, which are measured at fair value on a recurring basis:


	December 31, 2021				December 31, 2020
(in thousands)	Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)		Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)
Fair Value
Assets:
Cash equivalents	$	20,665	$	—	$	17,508	$	—
Other Assets:
Common stock of unaffiliated foreign public company (a)	702		—		748		—
Interest rate swaps	—		3,328		—		—
Liabilities:
Other noncurrent liabilities:
Interest rate swaps	—		(5,176)		—		(12,714)

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(a)Original cost basis $0.5 million

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

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