Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Schedule of Foreign Currency Transaction Gains and Losses

The following table summarizes foreign currency transaction gains and losses recognized in the income statement:

(in thousands)	2022		2021		2020
(Gains)/losses included in:
Selling, general, and administrative expenses	$	(554)	$	(263)	$	1,875
Other (income)/expense, net	(9,996)		(1,179)		13,569
Total transaction (gains)/losses	$	(10,550)	$	(1,442)	$	15,444

Schedule of Intercompany Foreign Currency Balances

The following table presents foreign currency gains on long-term intercompany loans that were recognized in Other comprehensive income:

(in thousands)	2022		2021		2020
Loss/(gain), before tax, on long-term intercompany loan	$	—	$	(66)	$	(4,985)