v3.22.2.2
Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value
The following tables set forth the fair value of the Company’s financial assets and liabilities measured at fair value on a recurring basis in the condensed consolidated balance sheets as of September 30, 2022 and December 31, 2021, based on the three-tier fair value hierarchy, as defined in ASC 820, “Fair Value Measurements and Disclosures”:
 September 30, 2022
 Fair ValueLevel ILevel IILevel III
(in thousands)
Assets:    
Money market funds$2,597 $2,597 $— $— 
Assets to fund deferred compensation liability9,690 — — 9,690 
Total assets$12,287 $2,597 $— $9,690 
Liabilities:    
Deferred compensation liability7,373 7,373 — — 
Total liabilities$7,373 $7,373 $— $— 

 December 31, 2021
 Fair ValueLevel ILevel IILevel III
(in thousands)
Assets:    
Money market funds$2,684 $2,684 $— $— 
Assets to fund deferred compensation liability11,140 — — 11,140 
Total assets$13,824 $2,684 $— $11,140 
Liabilities:    
Contingent consideration$743 $— $— $743 
Deferred compensation liability10,418 10,418 — — 
Total liabilities$11,161 $10,418 $— $743 
Schedule of Reconciliation of Assets
The table below presents a reconciliation of the assets used to fund the Company's deferred compensation liability, which is measured at fair value on a recurring basis using significant unobservable inputs (Level III) for the period from December 31, 2021 to September 30, 2022:
 Fair Value of Assets to Fund Deferred Compensation Liability
(in thousands)
Balance at December 31, 2021$11,140 
Contributions649 
Fair value adjustments and fees(2,099)
Balance at September 30, 2022$9,690