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FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Dec. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis
The following tables set forth our assets and liabilities that were measured at fair value on a recurring basis by level within the fair value hierarchy:
(in thousands)
As of December 31, 2023Quoted Prices in Active Markets for Identical Assets
(Level 1)		Significant Other Observable Inputs
(Level 2)		Significant Unobservable Inputs
(Level 3)		Balance at December 31, 2023
    
Assets    
Money market funds (1)
$290,807 $— $— $290,807 
Equity mutual funds (2)
$99 $— $— $99 
Cross currency swaps (3)
$— $664 $— $664 
Foreign currency exchange contracts (3)
$— $1,783 $— $1,783 
Interest rate swap (4)
$— $1,451 $— $1,451 
Liabilities
Cross currency swaps (3)
$— $5,041 $— $5,041 
Foreign currency exchange contracts (3)
$— $5,532 $— $5,532 
Deferred compensation (5)
$99 $— $— $99 


(in thousands)
As of December 31, 2022Quoted Prices in Active Markets for Identical Assets
(Level 1)		Significant Other Observable Inputs
(Level 2)		Significant Unobservable Inputs
(Level 3)
Balance at December 31, 2022
    
Assets    
Equity mutual funds (2)
$385 $— $— $385 
Cross currency swaps (3)
$— $9,262 $— $9,262 
Foreign currency exchange contracts (3)
$— $5,185 $— $5,185 
Liabilities
Foreign currency exchange contracts (3)
$— $4,572 $— $4,572 
Deferred compensation (5)
$385 $— $— $385 
Contingent payments - acquisitions$— $— $120 $120 
(1)Money market funds with an original maturity of less than ninety days are included within cash and cash equivalents. The remaining balance of cash and cash equivalents as of December 31, 2023, consisted of demand deposits.
(2)Equity mutual funds relate to a deferred compensation plan that was assumed as part of a previous business combination. This amount is included within other current assets. Refer to footnote (5) below for a discussion of the related deferred compensation liability.
(3)Cross currency swaps and foreign currency exchange contracts are included within other current assets; other long-term assets; accrued liabilities; or other long-term liabilities depending on the gain (loss) position and anticipated settlement date.
(4)The interest rate swap is included within other long-term assets.
(5)A deferred compensation plan assumed as part of a previous business combination is included within accrued liabilities. The fair value of our deferred compensation plan is indexed to the performance of the underlying equity mutual funds discussed in footnote (2) above.
Schedule of Contingent Consideration Liability
We record changes in the estimated fair value of contingent consideration in the consolidated statements of income. Changes in contingent consideration liabilities are measured at fair value on a recurring basis using unobservable inputs (Level 3) and during the years ended December 31, 2023, and 2022, are as follows:

(in thousands)Fair Value
 
Contingent consideration as of December 31, 2021$7,230 
Payment of contingent consideration(7,110)
Change in estimated fair value— 
Contingent consideration as of December 31, 2022120 
Payment of contingent consideration(99)
Change in estimated fair value(21)
Contingent consideration as of December 31, 2023$—