Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2023

Fair Value Measurements [Abstract]

Summary of Estimated Fair Values, Carrying Amounts and Classification under Fair Value Hierarchy

The following is a summary of the estimated fair values, carrying amounts, and classification under the fair value hierarchy of our financial instruments at September 30, 2023 and December 31, 2022 (in thousands):

		September 30, 2023				December 31, 2022
	Fair Value Hierarchy	Fair Value		Carrying Amount		Fair Value		Carrying Amount
Cash and cash equivalents (a)	LEVEL 1/2	$	28,485	$	28,485	$	21,150	$	21,150
Deferred compensation	LEVEL 1		22,088		22,088		20,190		20,190
Short term borrowings	LEVEL 1		52,426		52,426		55,031		55,031
Long-term debt	LEVEL 1		95,170		95,170		184,589		184,589
Cash flow interest rate swap	LEVEL 2		8,102		8,102		5,174		5,174
Long-term investments	LEVEL 2		7,048		7,048		—		—

(a) As of September 30, 2023 cash and cash equivalents consist of cash of $25.5 million and cash equivalents of $3 million, which are classified as Level 1 and Level 2, respectively, under the fair value hierarchy. Cash and cash equivalents at December 31, 2022 consists solely of cash of $21.2 million, which is classified as Level 1 under the fair value hierarchy.