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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of Provision (Benefit) for Income Taxes

The provision for income taxes for the years ended December 31, 2023, 2022 and 2021 consists of the following:

			2023						2022						2021
Current tax expense (benefit):
Federal			$	2,066					$	98					$	(97)
State			3,826						1,582						609
Foreign			9,777						14,082						7,046
			15,669						15,762						7,558
Deferred income tax expense (benefit):
Federal			2,826						(4,096)						3,466
State			(893)						(1,636)						1,449
Foreign			(1,233)						(310)						(1,910)
			700						(6,042)						3,005
Provision for income taxes			$	16,369					$	9,720					$	10,563

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation between income taxes computed at the statutory federal rate and the provision for income taxes for the years ended December 31, 2023, 2022 and 2021 follows:

			2023						2022						2021
Tax provision at statutory rate based on income before income taxes			21.0		%				21.0		%				21.0		%
State income taxes, net of federal tax benefit			2.9						(1.4)						3.7
Foreign income taxes			2.8						(1.8)						3.1
Non-deductible/non-taxable items			2.0						(2.9)						0.8
US tax on worldwide earnings at different rates			(3.1)						(1.8)						(0.4)
Federal research credit			(3.0)						2.4						(2.3)
Contingent consideration			(1.8)						—						—
Valuation allowance			(0.5)						2.5						(2.2)
Stock-based compensation			—						1.5						(9.4)
Non-deductible premium on extinguishment and change in fair value of convertible notes			—						(32.2)						—
Other, net			—						(1.0)						0.1
			20.3		%				(13.7)		%				14.4		%

Schedule of Deferred Tax Assets and Liabilities

The tax effects of the significant temporary differences which comprise the deferred income tax assets and liabilities at December 31, 2023 and 2022 are as follows:

			2023						2022
Assets:
Inventory			$	4,577					$	2,939
Net operating losses			2,809						12,721
Capitalized research and development			16,573						11,402
Deferred compensation			3,114						3,012
Accounts receivable			4,002						3,580
Compensation and benefits			18,234						8,723
Accrued pension			1,658						2,530
Research and development credit			13,090						16,785
Interest limitation			18,332						9,116
Convertible notes hedge			28,765						36,204
Lease liabilities			3,033						2,735
Other			6,290						4,134
Less: valuation allowances			—						(543)
			120,477						113,338
Liabilities:
Goodwill and intangible assets			153,692						152,155
Depreciation			2,248						2,373
State taxes			9,732						11,733
Unremitted foreign earnings			1,557						1,573
Lease right-of-use assets			2,939						2,579
			170,168						170,413
Net liability			$	(49,691)					$	(57,075)

Schedule of Income (Loss) before Income Tax

Income (loss) before income taxes consists of the following U.S. and foreign income (loss):

			2023						2022						2021
U.S. income (loss)			$	51,568					$	(96,114)					$	45,260
Foreign income			29,260						25,252						27,845
Total income (loss)			$	80,828					$	(70,862)					$	73,105

Schedule of Unrecognized Tax Benefits Rollforward

The following table summarizes the activity related to our unrecognized tax benefits for the years ending December 31,:

			2023						2022						2021
Balance as of January 1,			$	200					$	200					$	200
Increases for positions taken in prior periods			1,504						—						—
Decreases in unrecorded tax positions related to settlement with the taxing authorities			—						—						—
Decreases in unrecorded tax positions related to lapse of statute of limitations			—						—						—
Balance as of December 31,			$	1,704					$	200					$	200

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