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Operations and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Accounts Receivable, Allowance for Credit Loss

The changes in the allowance for credit losses for the year ended December 31, 2024 are outlined in the table below:

			Balance as of									Balance as of
(in thousands)			December 31, 2023			Expense (Deductions), net			Write-Offs1			December 31, 2024
Allowance for credit losses			$	3,881		$	115		$	998		$	2,998

1Amount is net of recoveries and the effect of foreign currency fluctuations for the year ended December 31, 2024

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following tables summarize the financial assets and financial liabilities measured at fair value for the Company as of December 31, 2024 and 2023:

			2024												2023
(in thousands)			Level 1			Level 2			Level 3						Level 1			Level 2			Level 3
Cash equivalents (1)			$	49,273		$	—		$	—					$	163,558		$	—		$	—
Term loan due 2027 (2)			—			388,125			—						—			410,625			—
Revolver due 2027 (2)			—			—			—						—			75,038			—
Derivative instruments - assets (3)			—			32,355			—						—			21,835			—
Derivative instruments - liabilities (3)			—			7,198			—						—			30,111			—
Investment in deferred compensation plan (4)			944			—			—						—			—			—
Deferred compensation plan liabilities (4)			1,974			—			—						—			—			—
Contingent considerations			—			—			5,400						—			—			6,600

(1) The carrying amounts of cash equivalents, representing money market funds traded in an active market with relatively short maturities, are reported on the consolidated balance sheet as of December 31, 2024 and 2023 as a component of "Cash and cash equivalents".

(2) The carrying amounts of our term loan and revolver approximate fair value as of December 31, 2024 and 2023 based upon their terms and conditions as disclosed in Note 14 in comparison to debt instruments with similar terms and conditions available on the same date.

(3) Derivatives for interest rate, foreign exchange, and forward swap contracts are discussed in Note 9.

(4) Non-qualified deferred compensation plan.

X

- Definition

Tabular disclosure of allowance for credit loss on accounts receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-13

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X

- References

No definition available.

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X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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