Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2025

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

As of September 30, 2025 and December 31, 2024, assets and liabilities that are measured at fair value on a recurring basis were as follows:


	September 30, 2025
	Level 1		Level 2		Level 3		Total
Assets:
Interest rate swaps (1)	$	—	$	2,562	$	—	$	2,562
Cash surrender value of life insurance policies (2)	—		17,684		—		17,684
Total assets	$	—	$	20,246	$	—	$	20,246
Liabilities:
Interest rate swaps (1)	$	—	$	4,016	$	—	$	4,016
Deferred compensation (3)	15,808		—		—		15,808
Total liabilities	$	15,808	$	4,016	$	—	$	19,824


	December 31, 2024
	Level 1		Level 2		Level 3		Total
Assets:

Cash surrender value of life insurance policies (2)	$	—	$	15,979	$	—	$	15,979

Liabilities:

Deferred compensation (3)	$	13,575	$	—	$	—	$	13,575

(1) Interest rate swaps are valued using pricing models that incorporate market interest rate curves that are observable at commonly quoted intervals for the full term of the swaps.

(2) The life insurance policies are valued based on the underlying investment assets, which are priced using observable market data.

(3) Deferred compensation liabilities are valued based on the quoted market prices associated with the underlying assumed investments that have been selected by the plan participants.

Schedule of Debt

At September 30, 2025 and December 31, 2024, the carrying value and fair value of our outstanding long-term debt was as follows:


	September 30, 2025				December 31, 2024
	Carrying Value		Fair Value		Carrying Value		Fair Value
Long-term debt (1)	$	1,531,190	$	1,536,828	$	1,555,597	$	1,551,222

(1) Excludes unamortized debt discounts and issuance costs.