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Fair Value (Tables)
 3 Months Ended
Mar. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis
The following table presents the fair value hierarchy for our assets and liabilities measured at fair value on a recurring basis (in thousands):
Level in
Fair Value
Hierarchy		Fair Value
March 31, 2024December 31, 2023
Assets:
Other non-current assets:
Equity securities (1)
1$172 $310 
Liabilities:
Other long-term liabilities:
Contingent consideration associated with acquisition3$8,998 $8,896 
(1) Represents our investment in an autonomous technology company. For additional information regarding the valuation of this equity security, see Note 6 – Investments.
Schedule of Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table presents changes in the fair value of our contingent earnout liabilities (in thousands):
Three Months Ended
March 31,
20242023
Balance at beginning of period
$8,896 $13,400 
Measurement period adjustment associated with the acquisition of ReedTMS Logistics (1)
— (800)
Change in fair value102 277 
Balance at end of period
$8,998 $12,877 
(1) The measurement period adjustment was recorded in goodwill on the consolidated condensed balance sheet.