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Stockholders' Equity
 12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Stockholders' Equity Stockholders' Equity
Stock Repurchases

On August 16, 2022, the Inflation Reduction Act of 2022 ("IRA") was signed into law. This legislation introduces a 1% excise tax on stock repurchases, net of shares issued under compensation programs, among its key tax provisions. The IRA is effective for years beginning after December 31, 2022.

For the fiscal year ended December 31, 2023, the Company repurchased approximately 361 thousand shares of the Company’s common stock in the open market at an average price of $138.60 per share, for a total of $50.0 million under the previously announced $100.0 million share repurchase authorization (which expired at the end of 2023). As of December 31, 2023, the Company accrued $0.4M for the excise tax, which is included as a cost of treasury stock; however, this is not reflected in the share repurchase amounts above.

Comprehensive Income or Loss
 
The following shows the components of accumulated other comprehensive income or loss as of December 31, 2023, 2022, and 2021 respectively:
Foreign Currency TranslationPension BenefitCash Flow HedgeForward Foreign CurrencyTotal
(in thousands)
Balance as of January 1, 2021$(7,908)$(2,910)$— $390 $(10,428)
Other comprehensive gain/(loss) net of tax benefit (expense) of $0, ($52), $0 and ($68), respectively(7,313)404 — 204 (6,705)
Amounts reclassified from accumulative other comprehensive income, net of $0 tax— — — (472)(472)
Balance as of December 31, 2021(15,221)(2,506)— 122 (17,605)
Other comprehensive gain/(loss) net of tax benefit (expense) of $0, ($133), ($10,264) and ($951), respectively.(20,942)2,065 42,740 11,898 35,761 
Amounts reclassified from accumulative other comprehensive income, net of $0 tax209 — (18,987)(3,437)(22,215)
Balance at December 31, 2022(35,954)(441)23,753 8,583 (4,059)
Other comprehensive gain/(loss), net of tax benefit (expense) of $0, ($1), $6,254 and $2,711, respectively.19,690 73 (3,815)(8,785)7,163 
Amounts reclassified from accumulative other comprehensive income, net of $0 tax— — (8,187)(4,907)(13,094)
Balance at December 31, 2023$(16,264)$(368)$11,751 $(5,109)$(9,990)