Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Accounting Policies [Abstract]

Summary of Cash, Cash Equivalents and Restricted Cash

The following is a summary of cash, cash equivalents and restricted cash as of December 31, 2021 and December 31, 2020 (in thousands):

	Year Ended December 31,
	2021		2020
Cash and cash equivalents	$	352,221	$	366,119
Restricted cash, short-term	1,164		—
Restricted cash, long-term	4,303		—
Total cash, cash equivalents and restricted cash	$	357,688	$	366,119

Useful Lives of Property, Plant and Equipment

Depreciation is computed using the straight-line method over estimated useful lives generally as follows:

Buildings and improvements	10-40 years
Machinery and equipment	5-10 years
Furniture, computer hardware and equipment	3-5 years
Internal-use software	3-5 years
Production molds	2-5 years

Components of Other Income, Net

The components of other income, net are as follows (in thousands):

	Years Ended December 31,
	2021		2020		2019
Foreign currency forward contract gain, net	$	14,413	$	2,910	$	6,947
Foreign currency transaction gain (loss), net	(6,368)		9,024		(5,838)
Settlement of cross-currency swap contract (See Note 20)	—		11,046		—
Other	916		1,989		485
	$	8,961	$	24,969	$	1,594