Incentive and Deferred Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2020

Compensation Related Costs [Abstract]

Schedule of Deferred Executive Compensation Liability

The following table sets forth a reconciliation of beginning and ending balances of our deferred executive compensation liability as of December 31:

(in thousands)
	2020		2019		2018
Deferred executive compensation, beginning of the year	$	24,616	$	26,182	$	30,057
Annual incentive plan awards	5,619		2,745		4,751
Long-term incentive plan awards	12,381		7,267		6,331
Employer match and hypothetical earnings on deferred compensation	2,962		2,700		1,484
Total plan awards and earnings	20,962		12,712		12,566
Total plan awards paid	(10,121)		(12,852)		(14,482)
Compensation deferred	4,668		1,579		1,928
Distributions from the deferred compensation plans	(2,081)		(797)		(1,321)
Forfeitures (1)	(356)		—		—
Funding of rabbi trust for deferred stock compensation plan for outside directors	(1,493)		(1,434)		(1,165)
Funding of rabbi trust for incentive compensation deferral plan	(3,972)		(774)		(1,401)
Deferred executive compensation, end of the year	$	32,223	$	24,616	$	26,182

(1)    Forfeitures are the result of a plan participant who separated from service with the Company.