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Redeemable Noncontrolling Interest (Tables)
12 Months Ended
Dec. 31, 2022
Noncontrolling Interest [Abstract]  
Summary of Changes in Redeemable Noncontrolling Interest

Changes in redeemable noncontrolling interest for the years ended December 31, 2022 and 2021, are as follows:

 

(in thousands)

 

 

 

Balance at January 1, 2021

 

$

 

Fair value at acquisition

 

 

1,804

 

Net income attributable to redeemable noncontrolling interests

 

 

91

 

Foreign currency translation adjustment

 

 

(2

)

Balance at December 31, 2021

 

 

1,893

 

Fair value at acquisition

 

 

1,987

 

Net income attributable to redeemable noncontrolling interests

 

 

215

 

Dividend distribution

 

 

(223

)

Foreign currency translation adjustment

 

 

(126

)

Balance at December 31, 2022

 

$

3,746