FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2025

Investments, All Other Investments [Abstract]

Summary of Activities Related to Investments

The following table summarizes activities related to these investments for the three months ended March 31, 2025 and the year ended December 31, 2024 (in thousands):

	Three Months Ended March 31, 2025		Year Ended December 31, 2024
Fair value at beginning of period	$	40,999	$	39,459
Purchases	8,300		23,210
Redemptions	(1,400)		(500)
Maturities	(7,010)		(21,423)
Change in bond premium	90		(386)
Fair market value adjustment	102		639
Fair value at end of period	$	41,081	$	40,999

Summary of Outstanding Interest Rate Swaps

The following table summarizes our outstanding interest rate swaps and their classification in the accompanying unaudited Condensed Consolidated Balance Sheets at March 31, 2025 and December 31, 2024 (amounts in thousands):

	March 31, 2025
	Notional Amount		Fixed Rate		Expiration	Fair Value		Balance Sheet Location
Interest rate swap	$	50,000	0.834	%	4/14/2025	$	67	Other current asset
Interest rate swap	$	30,000	1.186	%	12/14/2026	$	1,266	Other non-current asset
Interest rate swap	$	20,000	2.450	%	8/14/2027	$	549	Other non-current asset
Interest rate swap	$	25,000	3.669	%	4/14/2028	$	(37)	Other non-current liability
Interest rate swap	$	25,000	4.488	%	10/14/2028	$	(710)	Other non-current liability
Interest rate swap (1)	$	50,000	3.703	%	3/14/2030	$	(189)	Other non-current liability

(1)Entered into during the first quarter of 2025.

	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

Summary of Effects of Interest Rate Swap

The following table summarizes the effects of the interest rate swaps on the accompanying unaudited Condensed Consolidated Statements of Comprehensive Income for the three months ended March 31, 2025 and 2024 (in thousands):

	Gain (Loss) Recognized in AOCI, net of tax				Gain Reclassified from AOCI into Expense
	Three Months Ended March 31,				Three Months Ended March 31,
	2025		2024		2025		2024
Interest rate swaps	$	(717)	$	1,854	$	779	$	1,191