Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2023

Fair Value Disclosures [Abstract]

Fair Values and Related Carrying Values of Debt

At March 31, 2023, and December 31, 2022, the fair values and related carrying values of debt, including current maturities, were as follows (the fair value and carrying value amounts are presented without regard to unamortized debt issuance costs of $722,000 and $686,000 as of March 31, 2023 and December 31, 2022, respectively):

(In thousands)	March 31, 2023		December 31, 2022
Fair value	$	671,009	$	541,029
Carrying value		711,762		587,826

Financial Assets and Liabilities, Excluding Cash and Cash Equivalents, Measured on a Recurring Basis at Fair Value

The following tables present financial assets and liabilities, excluding cash and cash equivalents, measured on a recurring basis at fair value as of March 31, 2023, and December 31, 2022, and the level within the fair value hierarchy in which the fair value measurements fall:

(In thousands)	March 31, 2023		Level 1		Level 2		Level 3
Mutual fund assets	$	23,254	$	23,254	$	—	$	—
Derivative assets:
Interest rate contracts		6,843		—		6,843		—
Foreign currency contracts		1,454		—		1,454		—
Total assets at fair value	$	31,551	$	23,254	$	8,297	$	—
Derivative liabilities:
Foreign currency contracts	$	1,890	$	—	$	1,890	$	—

(In thousands)	December 31, 2022		Level 1		Level 2		Level 3
Mutual fund assets	$	23,294	$	23,294	$	—	$	—
Derivative assets:
Interest rate contracts		8,357		—		8,357		—
Foreign currency contracts		513		—		513		—
Total assets at fair value	$	32,164	$	23,294	$	8,870	$	—
Derivative liabilities:
Foreign currency contracts	$	525	$	—	$	525	$	—