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Income Taxes Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

The components of income/(loss) before income taxes were as follows:

			Years Ended December 31,
(in thousands)			2021						2020						2019
Domestic			$	171,297					$	(63,025)					$	119,166
Foreign			70,771						33,040						62,060
			$	242,068					$	(29,985)					$	181,226

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

			Years Ended December 31,
(in thousands)			2021						2020						2019
Current:
Federal			$	32,983					$	(10,764)					$	18,655
State and local			3,711						(545)						3,765
Foreign			11,635						7,958						11,940
			48,329						(3,351)						34,360
Deferred:
Federal			(1,402)						(4,940)						2,309
State and local			1,888						(2,962)						1,343
Foreign			794						(451)						1,492
			1,280						(8,353)						5,144
			$	49,609					$	(11,704)					$	39,504

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

A reconciliation between income taxes computed at the federal statutory rate and the effective tax rate is as follows:

			Years Ended December 31,
(in thousands)			2021						2020						2019
Income taxes at federal statutory rate			21.0		%				21.0		%				21.0		%
Effects of foreign operations			(0.8)						10.3						(0.1)
Stock-based compensation			(2.4)						11.8						(3.4)
State and local income taxes - net of federal income tax benefit			2.1						12.9						2.3
Nondeductible items			1.2						(0.4)						0.7
Impact of tax reform			—						14.0						—
Global intangible low-taxed income ("GILTI")			—						(18.2)						—
Valuation allowance			(0.5)						(9.3)						0.6
Other			(0.1)						(3.1)						0.7
Effective tax rate			20.5		%				39.0		%				21.8		%

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

The components of deferred tax assets and liabilities were as follows:

			As of December 31,
(in thousands)			2021						2020
Deferred tax assets
Receivable allowances			$	8,313					$	5,226
Inventory			7,992						4,681
Accrued expenses			310						1,109
Deferred compensation			6,486						7,418
Net operating loss carryforwards			6,129						9,987
Lease liability			26,436						31,975
Other			1,169						1,345
Gross deferred tax assets before valuation allowance			56,835						61,741
Less: valuation allowance			(3,753)						(4,968)
Gross deferred tax assets after valuation allowance			53,082						56,773
Deferred tax liabilities
Depreciation and amortization			(16,144)						(13,744)
Unremitted earnings of foreign subsidiaries			(3,138)						(2,964)
Right-of-use asset			(20,365)						(24,211)
Amortization of goodwill			(7,578)						(7,665)
Indefinite-lived intangibles			(4,654)						(5,336)
Gross deferred tax liabilities			(51,879)						(53,920)
Net deferred tax assets/(liabilities)			$	1,203					$	2,853

Summary of Unrecognized Tax Benefits [Table Text Block]

			Years Ended December 31,
(in thousands)			2021						2020						2019
Beginning Balance			$	2,295					$	1,150					$	1,511
Additions for tax positions of prior years			—						1,145						—
Reductions for tax positions of prior years			(1,150)						—						(361)
Ending Balance			$	1,145					$	2,295					$	1,150

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Summary of Unrecognized Tax Benefits [Table Text Block]

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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