Derivatives (Tables)

12 Months Ended

Dec. 31, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The fair value of derivative instruments on a gross basis is as follows (in thousands):

Fair Value of Derivative Instruments Designated as Hedging Instruments	Balance Sheet Location	December 31, 2024		December 31, 2023
Assets
Interest rate swap	Prepaid expenses and other assets	$	—	$	1,503
Foreign currency forward contracts	Prepaid expenses and other assets		3,771		2,061
Foreign currency forward contracts	Other assets (long-term)		1,064		216
(Liabilities)
Foreign currency forward contracts	Accrued expenses		(1,332)		(1,898)
Foreign currency forward contracts	Other long-term obligations		(287)		(499)
Fair Value of Derivative Instruments Not Designated as Hedging Instruments	Balance Sheet Location	December 31, 2024		December 31, 2023
Assets
Foreign currency forward contracts	Prepaid expenses and other assets	$	2,595	$	828
(Liabilities)
Foreign currency forward contracts	Accrued expenses		(1,288)		(1,463)

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)

Derivative instruments designated as cash flow hedges had the following effects, before income taxes, on other comprehensive income ("OCI") in our consolidated statements of comprehensive income and consolidated balance sheets (in thousands):

	Amount of Gain
	Recognized in OCI
	Year Ended December 31,
Derivative instrument	2024		2023		2022
Interest rate swap	$	152	$	609	$	4,879
Foreign currency forward contracts		5,732		3,909		6,263

Derivative instruments designated as cash flow hedges had the following effects, before income taxes, on AOCI and net earnings in our consolidated statements of income, consolidated statements of comprehensive income and consolidated balance sheets (in thousands):

	Consolidated Statements						Amount of Gain/(Loss)
	of Income						Reclassified from AOCI
	Year Ended December 31,						Year Ended December 31,
Location in statements of income	2024			2023	2022		2024		2023		2022
Interest expense	$	(31,219)	$	(15,511)	$	(6,339)	$	1,656	$	2,550	$	(12)
Revenue		1,356,514		1,257,366		1,150,981		2,140		4,081		3,583
Cost of sales		(713,181)		(673,494)		(631,882)		644		1,457		(1,436)

Derivative Instruments, Gain (Loss)

The following gains/(losses) from these derivative instruments were recognized in our consolidated statements of income for the years presented (in thousands):

		Year ended December 31,
Derivative Instrument	Location in statements of income	2024		2023		2022
Foreign currency forward contracts	Other income (expense) — net	$	1,961	$	2,004	$	1,420