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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Statement of Comprehensive Income [Abstract]    
Net income $ 68,222 $ 36,766
Other comprehensive income, net of tax:    
Translation adjustments (32,479) (73,417)
Unrealized gain on derivatives 68 36
Total other comprehensive (loss) (32,411) (73,381)
Comprehensive income (loss) 35,811 (36,615)
Less: comprehensive (loss) income attributable to non-controlling interests (124) 144
Comprehensive income (loss) attributable to IPG Photonics Corporation $ 35,935 $ (36,759)