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Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Summary of Financial Assets and Liabilities Measured and Recorded at Fair Value on Recurring Basis
The following table presents our financial assets and liabilities measured and recorded at fair value on a recurring basis using the above input categories:
 As of December 31, 2024
 Level 1Level 2Level 3Total
 (in thousands)
Description:
Assets:
U.S. government agencies$224,299 $— $— $224,299 
Foreign currency forward contracts designated as cash flow hedges (prepaid expenses and other current assets)— 96 — 96 
Total assets$224,299 $96 $— $224,395 
Liabilities:
Contingent consideration (other current liabilities and other long-term liabilities)$— $— $12,422 $12,422 
Foreign currency forward contracts designated as cash flow hedges (other current and long-term liabilities)— 1,415 — 1,415 
Total liabilities$— $1,415 $12,422 $13,837 
 As of December 31, 2023
 Level 1Level 2Level 3Total
 (in thousands)
Description:
Assets:
U.S. government agencies$223,222 $— $— $223,222 
Agency bonds— 2,493 — 2,493 
Foreign currency forward contracts designated as cash flow hedges (prepaid expenses and other current assets and other assets)— 1,322 — 1,322 
Total assets$223,222 $3,815 $— $227,037 
Liabilities:
Foreign currency forward contracts designated as cash flow hedges (other current liabilities)$— $55 $— $55 
Total liabilities$— $55 $— $55