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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Summary of Sales of Accounts Receivable Sales of accounts receivable under these agreements, and related factoring costs, which were included in selling, general and administrative expenses, were as follows:
For the Year Ended December 31,
(in thousands)202420232022
Sales of accounts receivable$1,106,400 $949,517 $1,048,671 
Factoring costs$51,252 $50,231 $37,188 
Estimated Useful Lives by Major Asset
Estimated useful lives by major asset category are as follows:
Buildings and building improvements
10 to 39 years
Machinery, equipment, and tooling
3 to 10 years
Software and computer equipment
3 to 10 years
Furniture, fixtures, and leasehold improvements
1 to 39 years
Property, plant and equipment include the following:
December 31,
(in thousands)20242023
Buildings$67,040 $62,434 
Machinery, equipment, and tooling223,807 208,086 
Furniture, fixtures, and leasehold improvements18,390 17,083 
Software and computer equipment127,578 113,148 
Total436,815 400,751 
Less-accumulated depreciation and amortization(272,316)(240,638)
Property, plant and equipment, net$164,499 $160,113