Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value

The following table sets forth the Company’s assets and liabilities that were recognized at fair value:

	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Other Unobservable Inputs
As of December 31, 2024	(Level 1)		(Level 2)		(Level 3)		Total
Assets
Cash equivalents - Money market funds (1)	$	54,925	$	—	$	—	$	54,925
Mutual funds (2)	108,251		—		—		108,251
Derivative financial instruments	—		2,825		—		2,825
Total	$	163,176	$	2,825	$	—	$	166,001
Liabilities
Derivative financial instruments	$	—	$	11,817	$	—	$	11,817
Contingent consideration (3)	—		—		2,700		2,700
Total	$	—	$	11,817	$	2,700	$	14,517

	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Other Unobservable Inputs
As of December 31, 2023	(Level 1)		(Level 2)		(Level 3)		Total
Assets
Cash equivalents - Money market funds (1)	$	49,806	$	—	$	—	$	49,806
Mutual funds (2)	52,650		—		—		52,650
Derivative financial instruments	—		7,607		—		7,607
Total	$	102,456	$	7,607	$	—	$	110,063
Liabilities
Derivative financial instruments	$	—	$	2,225	$	—	$	2,225
Contingent consideration (3)	—		—		15,589		15,589
Total	$	—	$	2,225	$	15,589	$	17,814

(1) Represents money market funds which are carried at the fair value option under ASC Topic 825 “Financial Instruments”.

(2) Represents those short-term investments which are carried at the fair value option under ASC Topic 825 “Financial Instruments”.

(3) Contingent consideration is presented under “Accrued Expenses and Other Current Liabilities” and “Other Non-Current Liabilities,” as applicable, in the consolidated balance sheets.

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The following table summarizes the changes in the fair value of contingent consideration:

	Year ended December 31,
	2024		2023
Opening balance	$	15,589	$	18,689
Acquisitions	2,700		—
Fair value changes	(589)		1,900
Payments	(15,000)		(5,000)
Closing balance	$	2,700	$	15,589

During the years ended December 31, 2024 and 2023, there were no transfers among Level 1, Level 2 and Level 3.