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Retirement Savings Plan
12 Months Ended
Dec. 31, 2023
Retirement Benefits [Abstract]  
Retirement Contributions Retirement Contributions
We sponsor a 401(k) retirement savings plan for our U.S. employees. Eligible employees can contribute up to 80% of their compensation, subject to the limits established by law, and we match 50% of the employee’s contribution up to the first 6% of pre-tax annual compensation. A portion of our match is in Company stock, which is purchased from the open market by our plan provider and immediately deposited into the employee’s 401(k) account. Additionally, we make statutory contributions to retirement plans as required by local foreign government regulations.
Our total contributions were as follows:
Year Ended December 31,
(in thousands)202320222021
Retirement contributions$6,627 $5,386 $4,790