FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Summary of Fair Value Of Assets and Liabilities Measured on Recurring Basis

The following tables present, for each of the fair value hierarchy levels, the Company’s assets and liabilities that are measured at fair value on a recurring basis (in thousands):

	Fair Value Measurements as of
	June 30, 2022
	Level I		Level II		Level III		Total
Assets:
Investments in equity securities with readily determinable fair values	$	556	$	—	$	—	$	556
Interest rate swaps		—		27,310		—	$	27,310
Total	$	556	$	27,310	$	—	$	27,866
Liabilities:
Contingent consideration	$	—	$	—	$	3,561	$	3,561
Interest rate swaps		—		978		—		978
Forward foreign exchange contracts		—		11,262		—		11,262
Total	$	—	$	12,240	$	3,561	$	15,801

	Fair Value Measurements as of
	December 31, 2021
	Level I		Level II		Level III		Total
Assets:
Investments in equity securities with readily determinable fair values	$	665	$	—	$	—	$	665
Forward foreign exchange contracts		—		2,529		—		2,529
Total	$	665	$	2,529	$	—	$	3,194
Liabilities:
Contingent consideration	$	—	$	—	$	26,900	$	26,900
Interest rate swaps		—		48,427		—		48,427
Forward foreign exchange contracts		—		13,363		—		13,363
Total	$	—	$	61,790	$	26,900	$	88,690

Schedule of Change in Fair Value of Contingent Consideration

The changes in the fair value of contingent consideration were as follows (in thousands):

	Six Months Ended June 30, 2022
Balance at December 31, 2021	$	26,900
Acquisitions		627
Payments		(26,183	)
Change in fair value		2,217
Balance at June 30, 2022	$	3,561