SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Performance

The following tables are a summary of reportable segment performance with our Other operating segment to reconcile to the total consolidated for the years ended December 31, 2024, 2023, and 2022:

(in thousands)	For the Years Ended December 31,
	CAG		Water		LPD		Total
2024
Total revenues from reportable segments	$	3,574,044	$	185,112	$	122,060	$	3,881,216
Reconciliation of revenue
Other revenues							16,288
Total consolidated revenue							3,897,504
Cost of revenue	1,394,864		55,101		59,500
Segment gross profit	$	2,179,180	$	130,011	$	62,560	$	2,371,751
Reconciliation of operating profit (segment profit)
Segment gross profit							$	2,371,751
Segment operating expenses							(1,242,169)
Other operating profit (excluding unallocated amounts)							3,282
Unallocated amounts
Foreign currency transaction losses							(4,527)
Interest expense							(31,205)
Interest income							12,699
Income before provision for income taxes							$	1,109,831

(in thousands)	For the Years Ended December 31,
	CAG		Water		LPD		Total
2023
Total revenues from reportable segments	$	3,352,356	$	168,149	$	121,659	$	3,642,164
Reconciliation of revenue
Other revenues							18,789
Total consolidated revenue							3,660,953
Cost of revenue	1,349,930		52,148		56,219
Segment gross profit	$	2,002,426	$	116,001	$	65,440	$	2,183,867
Reconciliation of operating profit (segment profit)
Segment gross profit							$	2,183,867
Segment operating expenses							(1,086,812)
Other operating profit (excluding unallocated amounts)							1,151
Unallocated amounts
Foreign currency transaction losses							(1,078)
Interest expense							(41,581)
Interest income							5,629
Income before provision for income taxes							$	1,061,176

(in thousands)	For the Years Ended December 31,
	CAG		Water		LPD		Total
2022
Total revenues from reportable segments	$	3,058,793	$	155,720	$	122,607	$	3,337,120
Reconciliation of revenue
Other revenues							30,204
Total consolidated revenue							3,367,324
Cost of revenue	1,252,216		45,861		49,606
Segment gross profit	$	1,806,577	$	109,859	$	73,001	$	1,989,437
Reconciliation of operating profit (segment profit)
Segment gross profit							$	1,989,437
Segment operating expenses							(1,096,160)
Other operating profit (excluding unallocated amounts)							8,896
Unallocated amounts
Foreign currency transaction losses							(3,408)
Interest expense							(39,858)
Interest income							1,065
Income before provision for income taxes							$	859,972

Schedule of Disaggregated Revenue by Segment and by Major Product and Service

Revenue” for a summary of disaggregated revenue by segment and by major product and service category for the years ended December 31, 2024, 2023, and 2022.    

(in thousands)	For the Years Ended December 31,
	CAG		Water		LPD		Other		Consolidated Total
Depreciation and amortization
2024	$	116,278	$	4,734	$	3,802	$	5,122	$	129,936
2023	$	103,554	$	4,117	$	3,657	$	3,580	$	114,908
2022	$	101,254	$	3,020	$	3,797	$	3,829	$	111,900

Schedule of Net Long-lived Assets by Principal Geographic Areas

Net long-lived assets, consisting of net property and equipment, are subject to geographic risks because they are generally difficult to move and to effectively utilize in another geographic area in a reasonable time period and because they are relatively illiquid. Net long-lived assets by principal geographic areas were as follows:

(in thousands)
	December 31, 2024		December 31, 2023
Americas
United States	$	553,600	$	531,735
Brazil	22,139		33,236
Canada	8,165		7,032
	583,904		572,003
Europe, the Middle East and Africa
Germany	52,652		56,115
Switzerland	14,722		14,129
United Kingdom	11,137		10,900
Netherlands	9,484		10,604
France	1,769		1,724
Other	3,058		2,907
	92,822		96,379
Asia Pacific Region
Australia	19,307		21,922
Japan	9,382		4,892
Other	7,708		6,981
	36,397		33,795
Total	$	713,123	$	702,177