v3.25.4
Short-term and long-term investments
 12 Months Ended
Dec. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Investments in Debt and Equity Securities Short-term and long-term investments
The Company’s short-term and long-term investments, consisting of debt instruments classified as held-to-maturity and equity investments with readily determinable fair values or redemption values, were as follows:
December 31, 2025December 31, 2024
Debt
securities		Equity
securities		TotalDebt
securities		Equity
securities		Total
Certificates of deposit, bonds and other$24,320 $— $24,320 $44,158 $— $44,158 
Investments in mutual funds and common stock— 40,949 40,949 — 40,566 40,566 
$24,320 $40,949 $65,269 $44,158 $40,566 $84,724 
Short-term investments$19,903 $4,400 $24,303 $44,158 $6,906 $51,064 
Long-term investments4,417 36,549 40,966 — 33,660 33,660 
$24,320 $40,949 $65,269 $44,158 $40,566 $84,724 
Debt securities: The Company's short-term debt investments are principally bank certificates of deposit and international sovereign bonds, each with contractual maturities longer than three months but shorter than one year. The Company's long-term debt investments are international sovereign bonds with contractual maturities longer than one year but shorter than five years. These debt securities are accounted for as held-to-maturity and recorded at amortized cost, which approximated their fair values at December 31, 2025 and 2024.
Equity securities: Substantially all of the Company's short-term and long-term equity investments are held within a trust to fund existing obligations associated with the Company’s non-qualified deferred compensation plans.