Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2025

Fair Value Disclosures [Abstract]

Fair Value of Assets and Liabilities Measured on Recurring Basis

The following tables provide the assets carried at fair value and measured on a recurring basis:


									Fair Value Measurements at Reporting Date Using:
(in thousands)			March 31, 2025						Quoted Prices in Active Markets (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)
Assets
Cash equivalents:
Money market funds			$	556,356					$	556,356					$	—					$	—
Short-term investments:
Corporate debt securities			$	44,743					$	—					$	44,743					$	—
Municipal bonds			$	20,442					$	—					$	20,442					$	—
U.S. agency bonds			$	5,034					$	—					$	5,034					$	—
Other short-term investments			$	185					$	—					$	185					$	—
Deferred compensation plan investments			$	2,486					$	2,486					$	—					$	—
Equity securities			$	777					$	777					$	—					$	—


									Fair Value Measurements at Reporting Date Using:
(in thousands)			December 31, 2024						Quoted Prices in Active Markets (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)
Assets
Cash equivalents:
Money market funds			$	410,515					$	410,515					$	—					$	—
Short-term investments:
Corporate debt securities			$	27,205					$	—					$	27,205					$	—
Municipal bonds			$	18,382					$	—					$	18,382					$	—
U.S. agency bonds			$	5,005					$	—					$	5,005					$	—
Other short-term investments			$	182					$	—					$	182					$	—
Deferred compensation plan investments			$	2,459					$	2,459					$	—					$	—
Equity securities			$	785					$	785					$	—					$	—