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Note 15 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		Year Ended December 31,
		2023				2022				2021
Current:
Federal		$	71,741			$	118,320			$	105,236
State			13,802				25,743				21,295
Foreign			22,115				51,055				10,536
			107,658				195,118				137,067
Deferred:
Federal			(26,504	)			(43,475	)			10,518
State			(5,254	)			(10,966	)			(3,728	)
Foreign			(3,218	)			(40,109	)			(7,863	)
			(34,976	)			(94,550	)			(1,073	)
Change in valuation allowance			498				(972	)			(1,037	)
Provision for income taxes		$	73,180			$	99,596			$	134,957

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		December 31,
		2023				2022
Deferred tax assets:
Accrued expenses		$	48,758			$	46,994
Deferred revenue			36,927				34,914
Inventories			12,549				20,229
Stock-based compensation			14,143				11,750
Operating loss and credit carryforwards			54,753				56,279
Bad debt			1,380				1,415
Other			8,722				7,531
Capitalized R&D			65,523				33,738
Valuation allowance			(5,136	)			(4,638	)
Total deferred tax assets			237,619				208,212
Deferred tax liabilities:
Goodwill and intangible assets			253,342				260,745
Depreciation			45,964				44,385
Debt refinancing costs			828				1,184
Interest swap and derivative			9,521				12,370
Prepaid expenses			2,444				2,473
Total deferred tax liabilities			312,099				321,157
Net deferred tax liabilities		$	(74,480	)		$	(112,945	)

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

		December 31,
		2023				2022
Unrecognized tax benefit, beginning of period		$	8,895			$	8,647
Increase in unrecognized tax benefit for positions taken in prior period			3,081				97
Increase in unrecognized tax benefit for positions taken in current period			1,122				975
Statute of limitation expirations			(3,395	)			(824	)
Settlements			-				-
Unrecognized tax benefit, end of period		$	9,703			$	8,895

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		Year Ended December 31,
		2023				2022				2021
U.S. statutory rate			21.0	%			21.0	%			21.0	%
State taxes			4.0				4.0				4.3
State tax rate differential			0.0				(0.3	)			0.0
Research and development credits			(2.4	)			(1.1	)			(1.0	)
State credits			(0.9	)			(1.5	)			(1.1	)
Share-based compensation			(0.4	)			(2.7	)			(3.8	)
Nondeductible U.S. compensation			1.0				1.6				1.5
Foreign tax deduction			0.0				(0.4	)			(1.5	)
Foreign deferred tax rate change			0.0				0.0				1.2
Uncertain tax positions reserve			0.9				0.0				0.0
Global intangible low tax income			1.7				0.2				0.0
Other			0.3				(1.2	)			(1.1	)
Effective tax rate			25.2	%			19.6	%			19.5	%

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