Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2023

As of September 30, 2023 and December 31, 2022, the Company recognized the following assets at fair value on a recurring basis in the consolidated balance sheets:


	Fair Value Measurements at Reporting Date Using
(in thousands)	Total		Level 1		Level 2		Level 3
As of September 30, 2023

Mutual funds (1)	$	33,216	$	33,216	$	—	$	—
Money market funds (1)	4,568		—		4,568		—
Total	$	37,784	$	33,216	$	4,568	$	—
As of December 31, 2022
Mutual funds (1)	$	29,143	$	29,143	$	—	$	—
Money market funds (1)	3,242		—		3,242		—
Total	$	32,385	$	29,143	$	3,242	$	—

(1) The current assets at fair value noted above are presented in Prepaid expenses and other assets, and the long-term assets at fair value noted above are presented in Investments for employee benefit plans, at fair value, in the consolidated balance sheets.

Schedule of Carrying Amounts and Fair Values

As of September 30, 2023 and December 31, 2022, the carrying amounts and the fair values were as follows:


	September 30, 2023				December 31, 2022
(in thousands)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
2020 Senior Notes	$	445,537	$	374,882	$	445,080	$	384,647
2019 Senior Notes	396,290		345,196		395,838		349,368