FAIR VALUE MEASUREMENT (Tables)

6 Months Ended

Jun. 30, 2024

The table below presents a summary of the changes in fair value for these liabilities.


	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2024		2023		2024		2023
Beginning balance	$	51,858	$	10,533	$	46,104	$	13,496
New acquisitions and measurement adjustments	3,785		38,731		10,449		40,031
Payouts	(33,012)		(252)		(34,486)		(4,350)
Interest and fair value adjustments	9		1,084		543		1,106
Charge offset, forfeit and other	(3)		(788)		27		(975)
Ending balance	$	22,637	$	49,308	$	22,637	$	49,308

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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