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Commitments And Contingencies (Tables)
12 Months Ended
Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Reconciliation of Contingent Consideration Liability
The following table provides a reconciliation of the Company's contingent consideration liability for the years ended December 31:
(In thousands)202120202019
Balance at beginning of period$4,609 $4,396 $7,302 
Acquisitions5,000 2,796 — 
Payments(3,194)(1,633)(10)
Accretion (a)
228 601 792 
Fair value adjustments (a) (b)
409 (1,947)(3,691)
Net foreign currency translation adjustment(141)396 
Balance at end of the period (c)
6,911 4,609 4,396 
Less current portion in accrued expenses and other current liabilities(5,036)(2,683)(2,351)
Total long-term portion in other long-term liabilities$1,875 $1,926 $2,045 
a.Recorded in selling, general and administrative expenses in the Consolidated Statements of Income.
b.Includes adjustments to assumptions on weighted average cost of capital and relevant sales projections.
c.Amounts represent the fair value of estimated remaining payments. The total estimated remaining undiscounted payments as of December 31, 2021 were $8.4 million. The liability for contingent consideration expires at various dates through September 2029. Certain of the contingent consideration arrangements are subject to a maximum payment amount, while the remaining arrangements have no maximum contingent consideration.