v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Summary of Assets and Liabilities Measured at Fair Value on a Recurring Basis The following table summarizes our assets and (liabilities) at December 31, 2025 and 2024 that are measured at fair value on a recurring basis subsequent to initial recognition and indicates the fair value hierarchy of the valuation techniques utilized by us to determine such fair value (in thousands):
LevelDecember 31, 2025December 31, 2024
Deferred compensation plan assets1186,870 167,170 
Available-for-sale debt securities145,004 40,999 
Other depository assets1470 176 
Deferred compensation plan liabilities1(186,870)(167,170)
Interest rate swaps, net2(3,602)2,681 
Bank debt2(1,455,924)(1,399,932)
Contingent purchase price liabilities3(40,248)(96,967)
Summary of Change in Level 3 Fair Values of Contingent Purchase Price Liabilities
The following table summarizes the change in fair value of our contingent purchase price liabilities identified as Level 3 for the years ended December 31, 2025 and 2024 (pre-tax basis, in thousands):
Contingent
Purchase
Price
Liabilities
Beginning balance — December 31, 2023$(114,946)
Additions from business acquisitions(40,034)
Settlement of contingent purchase price payable65,007 
Change in fair value of contingency(4,710)
Change in net present value of contingency(2,284)
Balance — December 31, 2024$(96,967)
Additions from business acquisitions(4,384)
Settlement of contingent purchase price payable63,691 
Change in fair value of contingency146 
Change in net present value of contingency(2,734)
Balance — December 31, 2025$(40,248)