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Fair Value Measurements and Interest Rate Swaps (Tables)
3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Estimated fair value of contracts
The table below presents our assets and liabilities measured and recorded at fair value on a recurring basis (in thousands):
 
Fair Value at March 31,
Input LevelClassification20252024
Assets
Unrealized gains on interest rate swapsLevel 2Prepaid expenses and other current assets$ $4,984 
Unrealized gains on interest rate swapsLevel 2Other assets16,728 23,738 
Deferred compensation plan assetLevel 1Other assets17,477 17,025 
Liabilities
Deferred compensation plan liabilityLevel 1Other long-term liabilities$17,477 $17,025 
Schedule of Interest Rate Derivatives The following table provides additional details related to this former swap contract:
DerivativeInception DateEffective DateTermination DateNotional Amount
(in millions)
Fixed Interest Rate
Interest rate swap 1February 5, 2020February 26, 2021February 28, 2025$150.01.3260 %
The following table provides additional details related to these swap contracts:
DerivativeInception DateEffective DateTermination DateNotional Amount
(in millions)
Fixed Interest Rate
Interest rate swap 2March 9, 2020September 29, 2022February 26, 2027$150.00.6690 %
Interest rate swap 3March 9, 2020February 28, 2025February 26, 2027$150.00.7630 %