Quarterly report [Sections 13 or 15(d)]

Fair Value Measurements (Tables)

v3.25.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2025
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:
March 31, 2025
December 31, 2024
Level 1
Level 2
Level 3
Level 1
Level 2
Level 3
Assets
Interest rate cap
$
$9,879
$
$
$13,936
$
Contingently returnable
consideration
5,110
5,483
Liabilities
Contingent consideration
96,333
129,059
Total assets and liabilities
measured at fair value
$
$9,879
$101,443
$
$13,936
$134,542
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 March 31,
2025
2024
Assets
Balance at beginning of period
$5,483
$
Total gains included in earnings
1,354
Total gains included in OCI
200
Settlements
(1,927)
Balance at end of period
$5,110
$
Liabilities
Balance at beginning of period
$129,059
$41,902
Newly established liability due to acquisitions
21,130
Total (gains) losses included in earnings
(10,356)
3,353
Settlements
(43,500)
Acquisition measurement period adjustments
943
Balance at end of period
$96,333
$46,198