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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Statement of Comprehensive Income [Abstract]        
Net income $ 203,298 $ 224,236 $ 438,877 $ 438,290
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustments (7,885) 1,752 (27,658) 6,010
Reclassification adjustment for defined benefit plans included in net income, net of tax of $10 and $29 in 2024 and $34 and $54 in 2023 53 178 147 297
Unrealized gain (loss) on Euro-denominated notes, net of tax expense (benefit) of $224 and $729 in 2024 and $(110) and $(575) in 2023 718 (353) 2,336 (1,843)
Unrealized gain on investments, net of tax expense (benefit) of $0 and $0 in 2024 and $0 and $2 in 2023 0 1 1 7
Reclassification adjustment on investments included in net income, net of tax of $0 and $51 in 2024 and $0 and $0 in 2023 0 0 163 0
Unrealized gain (loss) on derivative instruments:        
Unrealized gain (loss) on foreign currency exchange contracts, net of tax expense (benefit) of $844 and $3,096 in 2024 and $46 and $20 in 2023 2,298 (131) 8,146 (340)
Unrealized gain (loss) on cross currency swaps, net of tax expense (benefit) of $417 and $1,055 in 2024 and $(553) and $(940) in 2023 1,335 (1,776) 3,384 (3,016)
Unrealized gain on interest rate swap, net of tax expense (benefit) of $214 and $870 in 2024 and $1,107 and $1,093 in 2023 684 3,550 2,790 3,505
Reclassification adjustments for (gain) loss included in net income, net of tax (expense) benefit of $(713) and $(1,183) in 2024 and $(127) and $(244) in 2023 (1,987) (271) (3,284) (489)
Unrealized gain (loss) on derivative instruments 2,330 1,372 11,036 (340)
Other comprehensive (loss) income, net of tax (4,784) 2,950 (13,975) 4,131
Comprehensive income $ 198,514 $ 227,186 $ 424,902 $ 442,421