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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Provision (Benefit) for Income Taxes

The provision for income taxes for the years ended December 31, 2024, 2023 and 2022 consists of the following:

			2024						2023						2022
Current tax expense :
Federal			$	4,084					$	2,066					$	98
State			2,875						3,826						1,582
Foreign			11,445						9,777						14,082
			18,404						15,669						15,762
Deferred income tax expense (benefit):
Federal			10,351						2,826						(4,096)
State			681						(893)						(1,636)
Foreign			1,170						(1,233)						(310)
			12,202						700						(6,042)
Provision for income taxes			$	30,606					$	16,369					$	9,720

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, 2024, 2023 and 2022 follows:

			2024						2023						2022
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			1.6						2.9						(1.4)
Foreign income taxes			1.6						2.8						(1.8)
Non-deductible/non-taxable items			0.9						2.0						(2.9)
US tax on worldwide earnings at different rates			(1.8)						(3.1)						(1.8)
Federal research credit			(1.5)						(3.0)						2.4
Contingent consideration			(4.6)						(1.8)						—
Valuation allowance			—						(0.5)						2.5
Stock-based compensation			1.6						—						1.5
Non-deductible premium on extinguishment and change in fair value of convertible notes			—						—						(32.2)
Other, net			—						—						(1.0)
			18.8		%				20.3		%				(13.7)		%

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, 2024 and 2023 are as follows:

			2024						2023
Assets:
Inventory			$	5,771					$	4,577
Net operating losses			1,700						2,809
Capitalized research and development			20,615						16,573
Deferred compensation			3,305						3,114
Accounts receivable			3,796						4,002
Compensation and benefits			14,754						18,234
Accrued pension			1,556						1,658
Research and development credit			2,972						13,090
Interest limitation			26,234						18,332
Convertible notes hedge			21,205						28,765
Lease liabilities			7,772						3,033
Other			4,482						6,290
			114,162						120,477
Liabilities:
Goodwill and intangible assets			155,931						153,692
Depreciation			1,120						2,248
State taxes			10,670						9,732
Unremitted foreign earnings			1,893						1,557
Lease right-of-use assets			7,555						2,939
			177,169						170,168
Net liability			$	(63,007)					$	(49,691)

Schedule of Income (Loss) before Income Tax

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

			2024						2023						2022
U.S. income (loss)			$	124,401					$	51,568					$	(96,114)
Foreign income			38,628						29,260						25,252
Total income (loss)			$	163,029					$	80,828					$	(70,862)

Schedule of Unrecognized Tax Benefits Rollforward

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

			2024						2023						2022
Balance as of January 1,			$	1,704					$	200					$	200
Increases for positions taken in prior periods			—						1,504						—
Decreases in unrecorded tax positions related to settlement with the taxing authorities			(350)						—						—
Decreases in unrecorded tax positions related to lapse of statute of limitations			(200)						—						—
Balance as of December 31,			$	1,154					$	1,704					$	200

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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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