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Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Instruments and the Balance Sheet Lines in Which They Are Recorded
The following table sets forth the fair values of derivative instruments held by the Company as of December 31, 2023 and 2022 and the balance sheet lines in which they are recorded:
Fair Value Asset (Liability)
December 31, 2023December 31, 2022Balance Sheet Caption
Foreign currency forward$1,675 $944 Prepaid and other current assets
Foreign currency forward(874)(2,760)Other accrued expenses
Schedule of Other Comprehensive Earnings for the Gains on Net Investment Hedges
Amounts recognized in other comprehensive earnings for the gains (losses) on net investment hedges were as follows:
202320222021
(Loss) gain on euro-denominated debt
$(45,805)$80,301 $94,003 
Tax benefit (expense)
10,438 (17,824)(20,976)
Net (loss) gain on net investment hedges, net of tax
$(35,367)$62,477 $73,027 
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table presents the Company’s assets and liabilities measured at fair value on a recurring basis as of December 31, 2023 and 2022:
December 31, 2023December 31, 2022
Level 2Level 2
Assets:
Foreign currency cash flow hedges$1,675 $944 
Liabilities:
Foreign currency cash flow hedges874 2,760