Fair Value Measurements and Interest Rate Swaps (Tables)

9 Months Ended

Sep. 30, 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 September 30,
	Input Level	Classification	2025		2024
Assets
Unrealized gains on interest rate swaps	Level 2	Prepaid expenses and other current assets	$	—	$	1,905
Unrealized gains on interest rate swaps	Level 2	Other assets		11,453		16,213
Deferred compensation plan asset	Level 1	Other assets		19,535		18,179
Liabilities
Deferred compensation plan liability	Level 1	Other long-term liabilities	$	19,535	$	18,179

Schedule of Interest Rate Derivatives

We currently have two swap contracts in place. The following table provides additional details related to these swap contracts:

Derivative	Inception Date	Effective Date	Termination Date	Notional Amount (in millions)		Fixed Interest Rate
Interest rate swap 1	March 9, 2020	September 29, 2022	February 26, 2027	$	150.0	0.6690%
Interest rate swap 2	March 9, 2020	February 28, 2025	February 26, 2027	$	150.0	0.7630%

One of our interest rate swap contracts terminated on February 28, 2025. The following table provides additional details related to this former swap contract:

Derivative	Inception Date	Effective Date	Termination Date	Notional Amount (in millions)		Fixed Interest Rate
Former interest rate swap 1	February 5, 2020	February 26, 2021	February 28, 2025	$	150.0	1.3260%