Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2023

Fair Value Disclosures [Abstract]

Schedule of Fair Value Measurements, Recurring and Nonrecurring

The following tables present our assets and liabilities measured at fair value on a recurring basis as of September 30, 2023 and December 31, 2022 classified by the input method used to measure fair value:

(in thousands)	Level 1		Level 2		Level 3
September 30, 2023
Assets:
Investments:
Money Market Funds	$	3,223	$	—	$	—
Mutual Funds	7,289		—		—
Corporate Debt Securities	—		1,498		—
Government-Backed and Government-Sponsored Enterprises’ Debt Securities	—		7,488		—
Total Assets	$	10,512	$	8,986	$	—
Liabilities:
Derivative Instruments	$	—	$	1,452	$	—
Total Liabilities	$	—	$	1,452	$	—
December 31, 2022
Assets:
Investments:
Money Market Funds	$	1,560	$	—	$	—
Mutual Funds	5,503		—		—
Corporate Debt Securities	—		1,434		—
Government-Backed and Government-Sponsored Enterprises’ Debt Securities	—		7,327		—
Total Assets	$	7,063	$	8,761	$	—
Liabilities:
Derivative Instruments	—		7,130		—
Total Liabilities	$	—	$	7,130	$	—

Schedule of Fair Value of Assets and Liabilities

The following reflects the carrying value and estimated fair value of these assets and liabilities as of September 30, 2023 and December 31, 2022:

	September 30, 2023				December 31, 2022
(in thousands)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Assets:
Cash and Cash Equivalents	$	189,214	$	189,214	$	118,996	$	118,996
Total	189,214		189,214		118,996		118,996
Liabilities:
Short-Term Debt	51,495		51,495		8,204		8,204
Long-Term Debt	823,998		661,986		823,821		681,615
Total	$	875,493	$	713,481	$	832,025	$	689,819