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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

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Asset Classification

    

Estimated Useful Life

Land, buildings and equipment (under lease)

 

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

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Machinery and equipment

 

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3 to 10 years

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Schedule of components of net income per share

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Year ended December 31,

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2024

    

2023

    

2022

 

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(in thousands, except per share data)

 

Net income available to common stockholders

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$

200,992

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$

246,263

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$

183,079

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

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32,552

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32,758

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33,043

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Incremental options and RSUs

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152

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407

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499

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

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32,704

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33,165

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33,542

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Net income per share

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Basic

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$

6.17

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$

7.52

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$

5.54

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Diluted

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$

6.15

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$

7.43

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$

5.46

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

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Foreign

    

Defined benefit

    

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currency

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pension plan

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Total

 

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(in thousands)

 

Balance at December 31, 2023

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$

(1,956)

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$

110

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$

(1,846)

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Other comprehensive loss and pension reclassification

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(4,297)

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(71)

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(4,368)

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Balance at December 31, 2024

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$

(6,253)

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$

39

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$

(6,214)

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