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Fair Value Measurements and Derivative Instruments (Tables)
 12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis The following tables show, by level within the fair value hierarchy, our financial assets and liabilities that are accounted for at fair value on a recurring basis.
December 31, 2022
Level 1Level 2Level 3Total
Assets:    
Investment securities    
Money market funds$29,087 $238,536 $— $267,623 
Equity securities— 13,233 — 13,233 
Commingled fixed income securities1,520 6,526 — 8,046 
Government and related securities
10,253 18,796 — 29,049 
Corporate debt securities— 52,319 — 52,319 
Mortgage-backed / asset-backed securities— 126,882 — 126,882 
Derivatives 
Interest rate swaps— 15,283 — 15,283 
Foreign exchange contracts— 479 — 479 
Total assets$40,860 $472,054 $— $512,914 
Liabilities:    
Derivatives    
Foreign exchange contracts$— $(1,472)$— $(1,472)
Total liabilities$— $(1,472)$— $(1,472)
December 31, 2021
Level 1Level 2Level 3Total
Assets:    
Investment securities    
Money market funds $88,705 $338,043 $— $426,748 
Equity securities— 29,356 — 29,356 
Commingled fixed income securities1,692 16,815 — 18,507 
Government and related securities
9,790 25,439 — 35,229 
Corporate debt securities— 65,167 — 65,167 
Mortgage-backed / asset-backed securities— 172,018 — 172,018 
Derivatives   
Interest rate swap— 3,103 — 3,103 
Foreign exchange contracts— 2,474 — 2,474 
Total assets$100,187 $652,415 $— $752,602 
Liabilities:    
Derivatives    
Foreign exchange contracts$— $(304)$— $(304)
Total liabilities$— $(304)$— $(304)
Schedule of Available-for-sale Securities Reconciliation
Available-for-sale securities consisted of the following:
December 31, 2022
Amortized costGross unrealized gainsGross unrealized lossesEstimated fair value
Government and related securities$35,744 $11 $(8,210)$27,545 
Corporate debt securities66,300 — (13,981)52,319 
Commingled fixed income securities1,749 — (229)1,520 
Mortgage-backed / asset-backed securities156,352 — (29,470)126,882 
Total$260,145 $11 $(51,890)$208,266 
December 31, 2021
Amortized costGross unrealized gainsGross unrealized lossesEstimated fair value
Government and related securities$36,160 $81 $(1,012)$35,229 
Corporate debt securities67,906 259 (2,998)65,167 
Commingled fixed income securities 1,725 — (33)1,692 
Mortgage-backed / asset-backed securities176,559 144 (4,685)172,018 
Total$282,350 $484 $(8,728)$274,106 
Summary of Investment Securities in a Loss Position
Investment securities in a loss position were as follows:
December 31, 2022December 31, 2021
Fair ValueGross unrealized lossesFair ValueGross unrealized losses
Greater than 12 continuous months
Government and related securities$17,063 $2,753 $16,018 $579 
Corporate debt securities48,812 13,749 51,385 2,658 
Mortgage-backed / asset-backed securities114,839 28,040 135,441 4,057 
Total$180,714 $44,542 $202,844 $7,294 
Less than 12 continuous months
Government and related securities$10,061 $5,457 $15,438 $433 
Corporate debt securities3,508 232 8,859 339 
Commingled fixed income securities1,520 229 1,692 33 
Mortgage-backed / asset-backed securities12,042 1,430 30,754 629 
Total$27,131 $7,348 $56,743 $1,434 
Summary of Available-For-Sale Securities
At December 31, 2022, scheduled maturities of available-for-sale securities were as follows:
Amortized costEstimated fair value
Within 1 year$2,115 $1,882 
After 1 year through 5 years15,731 14,190 
After 5 years through 10 years73,002 59,117 
After 10 years169,297 133,077 
Total$260,145 $208,266 
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The fair value of our derivative instruments was as follows:
December 31,
Designation of DerivativesBalance Sheet Location20222021
Derivatives designated as hedging instruments  
Foreign exchange contractsOther current assets and prepayments$15 $21 
Accounts payable and accrued liabilities(23)(10)
Interest rate swapsOther assets 15,283 3,103 
Derivatives not designated as hedging instruments  
Foreign exchange contractsOther current assets and prepayments464 2,453 
 Accounts payable and accrued liabilities(1,449)(294)
 Total derivative assets15,762 5,577 
 Total derivative liabilities(1,472)(304)
 Total net derivative asset$14,290 $5,273 
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location
The following represents the results of cash flow hedging relationships:
 Years Ended December 31,
 Derivative Gain (Loss)
Recognized in AOCI
(Effective Portion)		Location of Gain (Loss)
(Effective Portion)		Gain (Loss) Reclassified
from AOCI to Earnings
(Effective Portion)
Derivative Instrument2022202120222021
Foreign exchange contracts$159 $198 Revenue$— $289 
   Cost of sales178 (117)
Interest rate swaps12,180 5,266 Interest Expense549 (366)
 $12,339 $5,464  $727 $(194)
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location
The following represents the mark-to-market adjustment on our non-designated derivative instruments:
  Years Ended December 31,
  Derivative Gain (Loss)
Recognized in Earnings
Derivatives InstrumentLocation of Derivative Gain (Loss)20222021
Foreign exchange contractsSelling, general and administrative expense$(28,228)$(4,540)
Summary of Fair Value, by Balance Sheet Grouping The carrying value and estimated fair value of our debt was as follows:
December 31,
20222021
Carrying value$2,205,266 $2,323,838 
Fair value$1,856,878 $2,355,894