Fair Value Measurements (Tables)

9 Months Ended

Sep. 29, 2020

Fair Value Measurements

Schedule of fair value of assets and liabilities measured on recurring basis

The following tables present the components and classification of our assets and liabilities that are measured at fair value on a recurring basis (in thousands):

	September 29, 2020
	Level 1		Level 2		Level 3
Assets (Liabilities)
Non-qualified deferred compensation assets	$	76,940	$	—	$	—
Non-qualified deferred compensation liabilities		(77,183)		—		—
Interest rate swap		—		(5,381)		—
Acquisition-related deferred consideration		—		(55,133)		—
Acquisition-related contingent consideration and compensation liabilities		—		—		(7,643)

	December 31, 2019
	Level 1		Level 2		Level 3
Assets (Liabilities)
Non-qualified deferred compensation assets	$	77,228	$	—	$	—
Non-qualified deferred compensation liabilities		(76,255)		—		—
Acquisition-related deferred consideration		—		(53,933)		—
Acquisition-related contingent consideration and compensation liabilities		—		—		(13,218)

Schedule of fair value of the acquisition-related contingent consideration

Balance, December 31, 2019	$	13,218
Change in fair value		(5,575)
Balance, September 29, 2020	$	7,643