FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables present the fair values of the Company’s financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2023 and December 31, 2022:

	As of March 31, 2023
	Balance		Level 1		Level 2		Level 3
Foreign exchange derivative assets	$	16,224	$	—	$	16,224	$	—
Rights to acquire noncontrolling interest in consolidated subsidiaries	$	322	$	—	$	—	$	322
Total assets measured at fair value on a recurring basis	$	16,546	$	—	$	16,224	$	322
Foreign exchange derivative liabilities	$	131	$	—	$	131	$	—
Contingent consideration	19,214		—		—		19,214
Total liabilities measured at fair value on a recurring basis	$	19,345	$	—	$	131	$	19,214

	As of December 31, 2022
	Balance		Level 1		Level 2		Level 3
Foreign exchange derivative assets	$	12,191	$	—	$	12,191	$	—
Rights to acquire noncontrolling interest in consolidated subsidiaries	334		—		—		334
Total assets measured at fair value on a recurring basis	$	12,525	$	—	$	12,191	$	334
Foreign exchange derivative liabilities	$	9,350	$	—	$	9,350	$	—
Contingent consideration	24,308		—		—		24,308
Total liabilities measured at fair value on a recurring basis	$	33,658	$	—	$	9,350	$	24,308

Schedule of Acquisition-Related Contingent Consideration Roll Forward

A reconciliation of the beginning and ending balances of Level 3 contingent consideration using significant unobservable inputs for the three months ended March 31, 2023 is as follows:

	Amount
Contingent consideration as of January 1, 2023	$	24,308
Changes in fair value of contingent consideration included in Interest and other income/(loss), net	297
Payment of contingent consideration for previously acquired businesses	(5,520)
Effect of foreign currency exchange rate changes, net	129
Contingent consideration as of March 31, 2023	$	19,214

Schedule of Estimated Fair Values of Financial Assets and Liabilities not Measured at Fair Value on Recurring Basis

The following tables present the estimated fair values of the Company’s financial assets and liabilities not measured at fair value on a recurring basis as of the dates indicated:

					Fair Value Hierarchy
	Balance		Estimated Fair Value		Level 1		Level 2		Level 3
March 31, 2023
Financial Assets:
Cash equivalents:
Money market funds	$	143,684	$	143,684	$	143,684	$	—	$	—
Time deposits	$	80,157	$	80,157	$	80,157	$	—	$	—
Total cash equivalents	$	223,841	$	223,841	$	223,841	$	—	$	—
Restricted cash	$	2,583	$	2,583	$	2,583	$	—	$	—
Time deposits included in Short-term investments	$	60,373	$	60,373	$	—	$	60,373	$	—
Financial Liabilities:
Borrowings under the 2021 Credit Agreement	$	25,000	$	25,000	$	—	$	25,000	$	—
Deferred consideration for asset acquisition	$	54,115	$	54,115	$	—	$	54,115	$	—

					Fair Value Hierarchy
	Balance		Estimated Fair Value		Level 1		Level 2		Level 3
December 31, 2022
Financial Assets:
Cash equivalents:
Money market funds	$	312,321	$	312,321	$	312,321	$	—	$	—
Total cash equivalents	$	312,321	$	312,321	$	312,321	$	—	$	—
Restricted cash	$	2,292	$	2,292	$	2,292	$	—	$	—
Time deposits included in Short-term investments	$	60,336	$	60,336	$	—	$	60,336	$	—
Financial Liabilities:
Short-term debt	$	2,861	$	2,861	$	—	$	2,861	$	—
Borrowings under the 2021 Credit Agreement	$	25,000	$	25,000	$	—	$	25,000	$	—
Other long-term debt	$	2,693	$	2,693	$	—	$	2,693	$	—
Deferred consideration for asset acquisition	$	53,636	$	53,636	$	—	$	53,636	$	—