Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.24.3
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2024
Fair Value Disclosures [Abstract]  
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:
September 30, 2024
December 31, 2023
Level 1
Level 2
Level 3
Level 1
Level 2
Level 3
Assets
Interest rate cap
$
$13,196
$
$
$29,667
$
Contingently returnable
consideration
5,587
Liabilities
Contingent consideration
150,131
41,050
Deal-Contingent Forward
852
Total assets and liabilities
measured at fair value
$
$13,196
$155,718
$
$29,667
$41,902
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
September 30,
Nine Months Ended
September 30,
2024
2023
2024
2023
Assets
Balance at beginning of period
$4,868
$
$
$
Newly established assets due to acquisitions
4,868
Total gains included in earnings
431
431
Total gains included in OCI
288
288
Balance at end of period
$5,587
$
$5,587
$
Liabilities
Balance at beginning of period
$44,971
$25,290
$41,902
$29,251
Newly established liability due to acquisitions
103,769
8,091
103,769
8,091
Total losses included in earnings
1,391
2,637
8,901
6,588
Settlements
(5,384)
(7,912)
Acquisition measurement period adjustments
943
Balance at end of period
$150,131
$36,018
$150,131
$36,018