Incentive and Deferred Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2022

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)
	2022		2021		2020
Deferred executive compensation, beginning of the year	$	27,208	$	32,223	$	24,616
Annual incentive plan awards	6,305		6,768		5,619
Long-term incentive plan awards	3,417		3,471		12,381
Employer match and hypothetical earnings on deferred compensation	404		3,043		2,962
Total plan awards and earnings	10,126		13,282		20,962
Total plan awards paid	(10,413)		(16,647)		(10,121)
Compensation deferred	2,528		4,765		4,668
Distributions from the deferred compensation plans	(742)		(811)		(2,081)
Forfeitures (1)	—		(473)		(356)
Funding of rabbi trust for deferred stock compensation plan for outside directors	(1,221)		(1,113)		(1,493)
Funding of rabbi trust for incentive compensation deferral plan (2)	(1,726)		(4,018)		(3,972)
Deferred executive compensation, end of the year	$	25,760	$	27,208	$	32,223

(1)    Forfeitures are the result of plan participants who separated from service and are recognized in the year they occur.

(2)    In 2022, funding includes $0.5 million representing shares held back to satisfy tax withholding on rabbi trust distributions that reduced funding requirements for performance award deferrals.