FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2024

Investments, All Other Investments [Abstract]

Summary of Investments

The following table summarizes our bond activity for the years ended December 31, 2024 and 2023 (in thousands):

	2024		2023
Fair value at January 1	$	39,459	$	43,485
Purchases	23,210		14,122
Redemptions	(500)		(3,310)
Maturities	(21,423)		(15,155)
Change in bond premium	(386)		(1,099)
Fair market value adjustment	639		1,416
Fair value at December 31	$	40,999	$	39,459

Summary of Outstanding Interest Rate Swaps

The following table summarizes our outstanding interest rate swaps and their classification in the accompanying Consolidated Balance Sheets at December 31, 2024 and 2023 (in thousands). Refer to Note 8, Fair Value Measurements, for additional disclosures regarding fair value measurements.

	December 31, 2024
	Notional Amount		Fixed Rate	Expiration	Fair Value		Balance Sheet Location
Interest rate swap	$	50,000	0.834%	4/14/2025	$	495	Other current asset
Interest rate swap	$	30,000	1.186%	12/14/2026	$	1,604	Other non-current asset
Interest rate swap	$	20,000	2.450%	8/14/2027	$	776	Other non-current asset
Interest rate swap	$	25,000	3.669%	4/14/2028	$	243	Other non-current asset
Interest rate swap	$	25,000	4.488%	10/14/2028	$	(437)	Other non-current liability

	December 31, 2023
	Notional Amount		Fixed Rate	Expiration	Fair Value		Balance Sheet Location
Interest rate swap	$	50,000	0.834%	4/14/2025	$	2,282	Other current asset
Interest rate swap	$	30,000	1.186%	12/14/2026	$	2,125	Other non-current asset
Interest rate swap	$	20,000	2.450%	8/14/2027	$	784	Other non-current asset
Interest rate swap	$	25,000	3.669%	4/14/2028	$	(129)	Other non-current liability
Interest rate swap	$	25,000	4.488%	10/14/2028	$	(1,063)	Other non-current liability

Summary of Effects of Interest Rate Swap

The following table summarizes the effects of the interest rate swap on our accompanying Consolidated Statements of Comprehensive Income for the years ended December 31, 2024 and 2023 (in thousands):

	Gain recognized in AOCI, net of tax				Gain reclassified from AOCI into expense
	Twelve Months Ended December 31,				Twelve Months Ended December 31,				Location
	2024		2023		2024		2023
Interest rate swaps	$	2,396	$	393	$	4,513	$	4,285	Interest expense