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Derivative Instruments
12 Months Ended
Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Instruments DERIVATIVE INSTRUMENTS
The Company's only outstanding derivative financial instrument is an interest rate swap that is classified as a cash flow hedge of its variable rate debt. The fair value amounts in the consolidated balance sheets were:
 December 31,
 20222021
Notional amounts (1)
$16,031 $17,219 
Fair values:
Other assets198 — 
Deferred income taxes and other long-term liabilities— 242 
(1) Notional amounts represent the gross contract/notional amount of the derivative outstanding.
The derivative gains and losses in the consolidated financial statements related to the Company's current and previous interest rate swap contracts were as follows:
 Year Ended December 31,
 202220212020
Effective portion recognized in other comprehensive income (loss), pre-tax:
Interest rate swap$440 $361 $(616)