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Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
Financial assets and financial liabilities carried at fair value measured on a recurring basis consist of the following:
December 31, 2023Level 1Level 2Level 3Total
Assets:
Money market funds (1)
$$— $— $
Interest rate swap (2)
— 32,162 — 32,162 
Total assets$$32,162 $— $32,163 
Liabilities:
Deferred compensation plan liabilities (3)
$90,536 $— $— $90,536 
Cash-settled equity awards (4)
781 — — 781 
Total liabilities$91,317 $— $— $91,317 
December 31, 2022Level 1Level 2Level 3Total
Assets:
Money market funds (1)
$19 $— $— $19 
Interest rate swap (2)
— 37,200 — 37,200 
Total assets$19 $37,200 $— $37,219 
Liabilities:
Acquisition contingent consideration (4)
$— $— $1,196 $1,196 
Deferred compensation plan liabilities (3)
79,081 — — 79,081 
Cash-settled equity awards (4)
536 — — 536 
Total liabilities$79,617 $— $1,196 $80,813 
(1)Included in Cash and cash equivalents in the consolidated balance sheets.
(2)Included in Other assets in the consolidated balance sheets.
(3)Included in Deferred compensation plan liabilities, except for current liabilities of $2,355 and $2,067 as of December 31, 2023 and 2022, respectively, which are included in Accruals and other current liabilities in the consolidated balance sheets.
(4)Included in Accruals and other current liabilities in the consolidated balance sheets.
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following is a reconciliation of the changes in fair value of the Company’s financial liabilities which have been classified as Level 3 in the fair value hierarchy:
Year Ended December 31,
20232022
Balance, beginning of year$1,196 $6,613 
Payments(1,206)(5,261)
Addition— 1,390 
Change in fair value— (1,427)
Foreign currency translation adjustments10 (119)
Balance, end of year$— $1,196