Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2022

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

The fair value of these certain financial assets and liabilities was determined using the following inputs at September 30, 2022:

	Fair Value Measurements at Reporting Date Using
(In thousands)	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets
Money market securities (1)	$	51,794	$	51,794	$	-	$	-
Fixed income trading securities held in deferred    compensation plan (2)		33,772		33,772		-		-
Equity trading securities held in deferred compensation    plan (2)		60,807		60,807		-		-
Total	$	146,373	$	146,373	$	-	$	-
Liabilities
Deferred compensation plan (3)		94,502		94,502		-		-
Total	$	94,502	$	94,502	$	-	$	-

(1)Included in cash and cash equivalents on the Company’s unaudited condensed consolidated balance sheet.

(2)Included in prepaid expenses and other current assets and deferred compensation plan assets on the Company’s unaudited condensed consolidated balance sheet.

(3)Included in accrued payroll and employee benefits and deferred compensation plan liabilities on the Company’s unaudited condensed consolidated balance sheet.

The fair value of these certain financial assets and liabilities was determined using the following inputs at December 31, 2021:

	Fair Value Measurements at Reporting Date Using
(In thousands)	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets
Money market securities (1)	$	101,581	$	101,581	$	-	$	-
Fixed income trading securities held in deferred    compensation plan (2)		25,275		25,275		-		-
Equity trading securities held in deferred compensation    plan (2)		84,067		84,067		-		-
Total	$	210,923	$	210,923	$	-	$	-
Liabilities
Deferred compensation plan (3)		110,379		110,379		-		-
Total	$	110,379	$	110,379	$	-	$	-

(1)Included in cash and cash equivalents on the Company’s unaudited condensed consolidated balance sheet.

(2)Included in prepaid expenses and other current assets and deferred compensation plan assets on the Company’s unaudited condensed consolidated balance sheet.

Included in accrued payroll and employee benefits and deferred compensation plan liabilities on the Company’s unaudited condensed consolidated balance sheet.

Cash and Cash Equivalents

Cash and cash equivalents consisted of the following as of September 30, 2022:

			Gross		Gross
	Amortized		Unrealized		Unrealized		Estimated
(In thousands)	Cost		Gains		Losses		Fair Value
Classified as current assets:
Cash	$	96,649	$	-	$	-	$	96,649
Cash equivalents:
Money market securities		51,794		-		-		51,794
Total cash equivalents		51,794		-		-		51,794
Total cash and cash equivalents		148,443		-		-		148,443

Cash and cash equivalents consisted of the following as of December 31, 2021:

	Amortized		Unrealized		Unrealized		Estimated
(In thousands)	Cost		Gains		Losses		Fair Value
Classified as current assets:
Cash	$	196,106	$	-	$	-	$	196,106
Cash equivalents:
Money market securities		101,581		-		-		101,581
Total cash equivalents		101,581		-		-		101,581
Total cash and cash equivalents	$	297,687	$	-	$	-	$	297,687