XML 41 R24.htm IDEA: XBRL DOCUMENT v3.25.4
Fair Value Measurements
 12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Fair Value Disclosures [Text Block]

Note 14—Fair Value Measurements

 

In instances where the determination of the fair value measurement is based upon inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based upon the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability.

 

The following tables summarize the Company’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2025 and 2024 (in thousands):

 

   Carrying
Amount as of
December 31,		   Fair Value Measurements
As of December 31, 2025		 
   2025   Level 1   Level 2   Level 3 
Money market funds  $33,062    33,062   $—   $— 
Investments in employee deferred compensation trusts   4,467    4,467    —    — 

 

   Carrying
Amount as of
December 31,		   Fair Value Measurements
As of December 31, 2024		 
   2024   Level 1   Level 2   Level 3 
Money market funds  $39,907   $39,907   $—   $— 
Investments in employee deferred compensation trusts   1,686    1,686    —    — 

 

Money market funds are included in cash and cash equivalents on the Consolidated Balance Sheets. Investments in employee deferred compensation trusts which are comprised of mutual funds are classified as trading securities are included in prepaid and other assets on the Consolidated Balance Sheets (refer to Note 17 – Employee Benefit Plans).