Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

Income (loss) from continuing operations before income taxes and equity income as reported on the Consolidated Statements of Operations consists of the following:

(In thousands)	2023		2022		2021
U.S.	$	(28,658)	$	(152,602)	$	(34,462)
International	10,108		29,644		71,968
Total income (loss) from continuing operations before income taxes and equity income	$	(18,550)	$	(122,958)	$	37,506

Schedule of Components of Income Tax Expense (Benefit)

Income tax expense (benefit) as reported on the Consolidated Statements of Operations consists of the following:

(In thousands)	2023		2022		2021
Income tax expense (benefit):
Currently payable:
U.S. state	$	3,463	$	1,416	$	507
International	21,096		14,914		22,295
Total income taxes currently payable	24,559		16,330		22,802
Deferred U.S. federal	2,446		(6,219)		(4,594)
Deferred U.S. state	(1,163)		(2,274)		(18)
Deferred international	2,343		2,544		(9,101)
Total income tax expense (benefit) from continuing operations	$	28,185	$	10,381	$	9,089

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the normal expected statutory U.S. federal income tax expense (benefit) to the actual Income tax expense (benefit) from continuing operations as reported on the Consolidated Statements of Operations is as follows:

(In thousands)	2023		2022		2021
U.S. federal income tax expense (benefit), at statutory tax rate of 21%	$	(3,896)	$	(25,821)	$	7,877
U.S. state income taxes, net of federal income tax benefit	1,044		(929)		(310)
U.S. other domestic deductions and credits	(761)		(594)		(415)
Difference in effective tax rates on international earnings and remittances	13,311		5,779		4,488
Uncertain tax position contingencies and settlements	(768)		(290)		783
Changes in realization of deferred tax assets	14,498		8,263		(5,035)
U.S. non-deductible expenses	1,146		791		936
Nondeductible goodwill impairment	—		19,548		—
PP&E / Intangible asset impairment	2,961		3,150		—
State deferred tax rate changes	304		154		592
Foreign derived intangible income deduction	(785)		(938)		—
Share-based compensation	1,131		1,268		173
Total income tax expense (benefit) from continuing operations	$	28,185	$	10,381	$	9,089

Schedule of Deferred Tax Assets and Liabilities

The income tax effects of the temporary differences giving rise to the Company's deferred tax assets and liabilities at December 31, 2023 and 2022 are as follows:

	2023 (a)				2022 (a)
(In thousands)	Asset		Liability		Asset		Liability
Depreciation and amortization	$	—	$	55,004	$	—	$	61,145
Right-of-use assets	—		23,887		—		24,826
Operating lease liabilities	24,222		—		25,024		—
Expense accruals	33,790		—		28,758		—
Inventories	3,704		—		4,011		—
Provision for receivables	3,801		—		2,781		—
Deferred revenue	6,377		—		4,484		—
Operating loss carryforwards	54,935		—		54,237		—
Tax credit carryforwards	15,298		—		21,443		—
Pensions	—		580		5,171		—
Currency adjustments	—		754		—		3,330
Section 163(j) disallowed interest expense	25,937		—		13,869		—
Research and development	6,014		—		2,795		—
Stock based compensation	7,387		—		6,580		—
Other	—		1,823		—		3,198
Subtotal	181,465		82,048		169,153		92,499
Valuation allowance	(112,905)		—		(89,234)		—
Total deferred income taxes	$	68,560	$	82,048	$	79,919	$	92,499

(a) Does not include approximately $1.1 billion of statutory loss carryforwards within Luxembourg for which the Company considers the utilization of these attributes remote and as such no deferred tax asset or corresponding valuation allowance has been recorded.

Summary of Income Tax Contingencies

A reconciliation of the change in the unrecognized income tax benefits balance from January 1, 2021 to December 31, 2023 is as follows:

(In thousands)	Unrecognized Income Tax Benefits		Deferred Income Tax Benefits		Unrecognized Income Tax Benefits, Net of Deferred Income Tax Benefits
Balances, January 1, 2021	$	2,896	$	(22)	$	2,874
Additions for tax positions related to the current year (includes currency translation adjustment)	316		(1)		315
Additions for tax positions related to prior years (includes currency translation adjustment)	500		—		500
Statutes of limitation expirations	(585)		1		(584)
Balance at December 31, 2021	3,127		(22)		3,105
Additions for tax positions related to the current year (includes currency translation adjustment)	189		(1)		188
Statutes of limitation expirations	(524)		2		(522)
Balance at December 31, 2022	2,792		(21)		2,771
Additions for tax positions related to the current year (includes currency translation adjustment)	439		(1)		438
Statutes of limitation expirations	(1,106)		5		(1,101)
Total unrecognized income tax benefits that, if recognized, would impact the effective income tax rate at December 31, 2023	$	2,125	$	(17)	$	2,108

Tax Years Subjected to Examniation

The tax years that remain subject to examination for the Company's major tax jurisdictions as of December 31, 2023 are shown below:

Jurisdiction	Earliest Open Year
Brazil	2019
China	2018
France	2021
United States:
Federal income tax	2020
State income tax	2017