Fair-Value Measurements (Tables)

12 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value Measurements, Recurring and Nonrecurring

The following table presents the fair-value hierarchy for our Level 1 and Level 2 financial and non-financial assets and liabilities, which are measured at fair value on a recurring basis:

	December 31, 2024				December 31, 2023
(in thousands)	Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)		Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)
Fair Value
Assets:
Cash equivalents	$	11,273	$	—	$	27,157	$	—
Foreign currency option contracts			—				1,725
Foreign currency forward contracts			—				199
Other Assets:
Common stock of unaffiliated foreign public company (a)	631		—		682		—
Interest rate swaps	—		149		—		12,214
Liabilities:
Other Non-Current Liabilities
Interest rate swaps	—		(218)		—		—

(a)Original cost basis $0.5 million

Schedule of Derivative Instruments, Gain (Loss)

(Gains)/losses related to changes in fair value of derivative instruments that were recognized in Other (income)/expense, net in the Consolidated Statements of Income were as follows:

(in thousands)	2024		2023		2022
Derivatives not designated as hedging
instruments:
Foreign currency hedging (gains)/losses	$	3,459	$	(351)	$	(509)