v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Summary of Fair Value, Assets and Liabilities Measured on Recurring Basis The following table presents information about the Company’s assets and liabilities measured at fair value on a recurring
basis by fair value hierarchy input level:
June 30, 2026
December 31, 2025
Level 1
Level 2
Level 3
Level 1
Level 2
Level 3
Assets
Contingently returnable
consideration
$
$
$3,140
$
$
$6,550
Liabilities
Contingent consideration
153,421
148,388
Total assets and liabilities
measured at fair value
$
$
$156,561
$
$
$154,938
Summary of Reconciliation of Level 3 Assets and Liabilities Measured at Fair Value The following is a reconciliation of the beginning and ending balances of the Level 3 assets and liabilities measured at fair
value:
Three Months Ended June 30,
Six Months Ended June 30,
2026
2025
2026
2025
Assets
Balance at beginning of period
$3,197
$5,110
$6,550
$5,483
Total gains (losses) included in earnings
(64)
(77)
114
1,277
Foreign currency translation adjustments included
in OCI
7
307
(112)
507
Settlements
(3,412)
(1,927)
Balance at end of period
$3,140
$5,340
$3,140
$5,340
Liabilities
Balance at beginning of period
$177,838
$96,333
$148,388
$129,059
Newly established liabilities due to acquisitions
24,428
45,558
Total (gains) losses included in earnings
19,752
819
49,540
(9,537)
Foreign currency translation adjustments included
in OCI
(24)
21
(54)
21
Settlements
(44,145)
(5,507)
(44,453)
(49,007)
Acquisition measurement period adjustments
(1,467)
(1,467)
Balance at end of period
$153,421
$114,627
$153,421
$114,627