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Other Income/(Expense) – Net
12 Months Ended
Dec. 31, 2024
Other Income/(Expense) – Net [Abstract]  
Other Income/(Expense) – Net 10.    Other Income/(Expense) -- Net

Other income/(expense) -- net comprises the following (in thousands):

For the Years Ended December 31,

2024

2023

2022

Market value gains/(losses) related to deferred

compensation trusts

$

20,139 

$

6,404 

$

(9,970)

Interest income

14,610 

6,270 

355 

Other

3 

232 

382 

Total other income/(expense)

$

34,752 

$

12,906 

$

(9,233)

The market value gain or loss relates to realized and unrealized activity on the assets in the deferred compensation trust. There is an offsetting amount in selling, general and administrative expense to reflect the corresponding increase or decrease in the liability.