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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Summary of Financial Liabilities and Assets Measured at Fair Value on Recurring Basis

The table below summarizes the financial assets and liabilities that were measured at fair value on a recurring basis as of December 31, 2022 and the gain recorded during the year ended December 31, 2022:

 

 

 

Asset (Liability) Carrying
Value at
December 31,
2022

 

 

Quoted Prices
in Active
Markets for
Identical
(Level 1)

 

 

Significant
Other
Observable
Inputs
(Level 2)

 

 

Significant
Unobservable
Inputs
(Level 3)

 

 

Gain for
Year Ended
December 31,
2022

 

Interest rate swap

 

$

2,995

 

 

$

 

 

$

2,995

 

 

$

 

 

$

77

 

Foreign currency hedges

 

$

945

 

 

$

 

 

$

945

 

 

$

 

 

$

924

 

Cross-currency swap

 

$

(357

)

 

$

 

 

$

(357

)

 

$

 

 

$

461

 

Qualified replacement plan assets

 

$

15,249

 

 

$

15,249

 

 

$

 

 

$

 

 

$

 

 

The table below summarizes the financial assets that were measured at fair value on a recurring basis as of December 31, 2021 and the (loss) recorded during the year ended December 31, 2021:

 

 

 

(Liability) Asset Carrying
Value at
December 31,
2021

 

 

Quoted Prices
in Active
Markets for
Identical
(Level 1)

 

 

Significant
Other
Observable
Inputs
(Level 2)

 

 

Significant
Unobservable
Inputs
(Level 3)

 

 

(Loss) Gain for
Year Ended
December 31,
2021

 

Interest rate swap

 

$

(790

)

 

$

 

 

$

(790

)

 

$

 

 

$

(744

)

Foreign currency hedges

 

$

135

 

 

$

 

 

$

135

 

 

$

 

 

$

1,384

 

Contingent consideration

 

$

(1,200

)

 

$

 

 

$

 

 

$

(1,200

)

 

$

 

Roll-forward of the Contingent Consideration

A roll-forward of the contingent consideration is as follows:

 

 

 

Contingent

 

 

 

Consideration

 

Balance at December 31, 2021 in accrued expenses and other liabilities

 

$

1,200

 

    Settled in cash

 

 

(1,050

)

    Change in fair value

 

 

(150

)

Balance at December 31, 2022 in accrued expenses and other liabilities

 

$