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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Summary of Significant Accounting Policies  
Schedule of estimated useful lives of the related assets

Asset Classification

    

Estimated Useful Life

Land, buildings and equipment (under lease)

 

Lesser of the lease term or estimated useful life of the asset

Machinery and equipment

 

3 to 10 years

Schedule of components of net income per share

Year ended December 31,

    

2024

    

2023

    

2022

 

(in thousands, except per share data)

 

Net income available to common stockholders

$

200,992

$

246,263

$

183,079

Weighted average shares of common stock outstanding used in computing basic income per share

 

32,552

 

32,758

 

33,043

Incremental options and RSUs

 

152

 

407

 

499

Weighted average shares of common stock used in computing diluted net income per share

 

32,704

 

33,165

33,542

Net income per share

Basic

$

6.17

$

7.52

$

5.54

Diluted

$

6.15

$

7.43

$

5.46

Schedule of changes in accumulated other comprehensive loss, net of tax

    

Foreign

    

Defined benefit

    

 

currency

pension plan

Total

 

(in thousands)

 

Balance at December 31, 2023

$

(1,956)

$

110

$

(1,846)

Other comprehensive loss and pension reclassification

 

(4,297)

 

(71)

 

(4,368)

Balance at December 31, 2024

$

(6,253)

$

39

$

(6,214)