Fair Value of Financial Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2024

Fair Value Disclosures [Abstract]

Summary of Assets and Liabilities Recorded and Measured at Fair Value

The following table summarizes the Company’s assets and liabilities, recorded and measured at fair value, in the Consolidated Balance Sheets as of March 31, 2024 and December 31, 2023:

Description	Balance as of  March 31, 2024		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)		Significant Other Observable Inputs  (Level 2)		Significant Unobservable Inputs  (Level 3)
Assets:
Foreign currency forward contracts	$	141	$	—	$	141	$	—
Total assets	$	141	$	—	$	141	$	—
Liabilities:
Foreign currency forward contracts	$	8	$	—	$	8	$	—
Supplemental profit sharing plan		9,123		—		9,123		—
Total liabilities	$	9,131	$	—	$	9,131	$	—
Description	Balance as of December 31, 2023		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)		Significant Other Observable Inputs  (Level 2)		Significant Unobservable Inputs  (Level 3)
Assets:
Foreign currency forward contracts	$	158	$	—	$	158	$	—
Total assets	$	158	$	—	$	158	$	—
Liabilities:
Foreign currency forward contracts	$	—	$	—	$	—	$	—
Supplemental profit sharing plan		8,222		—		8,222		—
Total liabilities	$	8,222	$	—	$	8,222	$	—

Fair Value and Carrying Value of Long-Term Debt

. Based on the analysis performed, the fair value and the carrying value of the Company’s long-term debt are as follows:

	March 31, 2024				December 31, 2023
	Fair Value		Carrying Value		Fair Value		Carrying Value
Long-term debt and related current maturities	$	51,486	$	55,006	$	51,786	$	55,282