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v3.25.1

Fair Value Measurement (Details) - USD ($) $ in Thousands | 3 Months Ended |
--- | --- | ---
Mar. 31, 2025 | Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Available for sale debt securities | $ 320,388 | $ 313,991
Investments under executive deferred compensation plan | 34,552 | 38,243
Private equity securities | 12,889 | 17,910
Private equity securities measured at net asset value | 4,482 | 4,472
Derivative financial instruments, assets | 5,557 | 4,347
Obligations under executive deferred compensation plan | 34,552 | 38,243
Derivative financial instruments, liabilities | 10,738 | 11,352
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |
Beginning balance at December 31, 2024 | 313,991 |
PIK dividends | 9,769 |
Cash received for tax liability | (3,372) |
Ending balance at March 31, 2025 | 320,388 |
Quoted Prices in Active Markets for Identical Items (Level 1) |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Available for sale debt securities | 0 | 0
Investments under executive deferred compensation plan | 34,552 | 38,243
Private equity securities | 12,889 | 17,910
Private equity securities measured at net asset value | 0 | 0
Derivative financial instruments, assets | 0 | 0
Obligations under executive deferred compensation plan | 34,552 | 38,243
Derivative financial instruments, liabilities | 0 | 0
Quoted Prices in Active Markets for Similar Items (Level 2) |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Available for sale debt securities | 0 | 0
Investments under executive deferred compensation plan | 0 | 0
Private equity securities | 0 | 0
Private equity securities measured at net asset value | 0 | 0
Derivative financial instruments, assets | 5,557 | 4,347
Obligations under executive deferred compensation plan | 0 | 0
Derivative financial instruments, liabilities | 10,738 | 11,352
Unobservable Inputs (Level 3) |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |
Available for sale debt securities | 320,388 | 313,991
Investments under executive deferred compensation plan | 0 | 0
Private equity securities | 0 | 0
Private equity securities measured at net asset value | 0 | 0
Derivative financial instruments, assets | 0 | 0
Obligations under executive deferred compensation plan | 0 | 0
Derivative financial instruments, liabilities | $ 0 | $ 0

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