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Derivatives and Hedging (Tables)
 12 Months Ended
Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions
Derivative Contract TypeNumber of
Contracts
Notional
Amounts		Fair Value
Asset
(Liability), Net (3)		Balance Sheet
Line Item
Unrealized
Loss Recorded in AOCI/L
Interest rate swap (1)1 $350,000 $1,097 Other assets$(24,162)
5,962 Other current assets
Foreign currency forwards (2)111 525,719 180 Other current assets— 
Total112 $875,719 $7,239  $(24,162)
December 31, 2022
Derivative Contract TypeNumber of
Contracts
Notional
Amounts		Fair Value
Asset
(Liability), Net (3)		Balance Sheet
Line Item
Unrealized
Loss Recorded in AOCI/L
Interest rate swaps (1)1 $350,000 $3,952 Other assets$(39,248)
6,346 Other current assets
Foreign currency forwards (2)138 687,763 625 Other current assets— 
Total139 $1,037,763 $10,923  $(39,248)
(1)As a result of the payment under the then outstanding 2016 Credit Agreement term loan and revolving credit facility, the Company de-designated all of its interest rate swaps effective June 30, 2020. Accordingly, hedge accounting is not applicable, and subsequent changes to fair value of the interest rate swaps are recorded in Other income, net. The amounts previously recorded in Accumulated other comprehensive loss are amortized into Interest expense over the terms of the hedged forecasted interest payments. Note 6 — Debt provides additional information regarding the Company’s interest rate swap contracts.
(2)The Company has foreign exchange transaction risk because it typically enters into transactions in the normal course of business that are denominated in foreign currencies that differ from the local functional currency. The Company enters into short-term foreign currency forward exchange contracts to mitigate the cash flow risk associated with changes in foreign currency rates on forecasted foreign currency transactions. These contracts are accounted for at fair value with realized and unrealized gains and losses recognized in Other income, net because the Company does not designate these contracts as hedges for accounting purposes. All of the outstanding foreign currency forward exchange contracts at December 31, 2023 matured before January 31, 2024.
(3)See Note 14 — Fair Value Disclosures for the determination of the fair values of these instruments.
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance The table below provides information regarding amounts recognized in the Consolidated Statements of Operations for derivative contracts for the years ended December 31 (in thousands).
Amount Recorded In202320222021
Interest expense (1)
$20,062 $22,643 $29,061 
Other income, net (2)
(5,836)(20,397)(18,844)
Total expense, net$14,226 $2,246 $10,217 
(1)Consists of interest expense from interest rate swap contracts.
(2)Consists of net realized and unrealized gains and losses on foreign currency forward contracts, gains and losses on de-designated interest rate swaps.