Other Current and Long-Term Assets (Tables)

9 Months Ended

Sep. 30, 2023

Other Assets, Noncurrent [Abstract]

Schedule of Other Current Assets

Other current assets consisted of the following:

(in thousands)	September 30, 2023		December 31, 2022
Customer acquisition costs	$	52,912	$	50,776
Contract assets, net (1)	50,954		41,854
Prepaid expenses	49,875		41,742
Taxes receivable	18,212		48,430
Deferred sales commissions	6,453		6,472
Foreign currency exchange contracts	7,993		5,185
Cross currency swap contracts	—		8,135
Other assets	19,462		17,895
Other current assets	$	205,861	$	220,489

(1) Contract assets, net, are net of allowances for credit losses. Refer to "Note 6. Credit Losses."

Schedule of Other Long-Term Assets

Other long-term assets consisted of the following:

(in thousands)	September 30, 2023		December 31, 2022
Contract assets, net (1)	$	159,196	$	148,971
Customer acquisition costs	110,996		107,205
Deferred income taxes	68,969		55,215
Equity investments	30,250		30,250
Investment in long-term product supply arrangements	24,083		25,250
Deferred sales commissions	12,795		12,718
Other assets	42,107		38,120
Other long-term assets	$	448,396	$	417,729

(1) Contract assets, net, are net of allowances for credit losses. Refer to "Note 6. Credit Losses."