FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis

The following tables set forth our assets and liabilities that were measured at fair value on a recurring basis by level within the fair value hierarchy:

(in thousands)
As of December 31, 2024	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance as of December 31, 2024
Assets
Money market funds (1)	$	139,626	$	—	$	—	$	139,626
Cross currency swaps (3)	$	—	$	3,501	$	—	$	3,501
Foreign currency exchange contracts (3)	$	—	$	16,921	$	—	$	16,921
Interest rate swap (4)	$	—	$	710	$	—	$	710
Liabilities
Cross currency swaps (3)	$	—	$	33	$	—	$	33
Contingent Consideration	$	—	$	—	$	2,300	$	2,300

(in thousands)
As of December 31, 2023	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance as of December 31, 2023
Assets
Money market funds (1)	$	290,807	$	—	$	—	$	290,807
Equity mutual funds (2)	$	99	$	—	$	—	$	99
Cross currency swaps (3)	$	—	$	664	$	—	$	664
Foreign currency exchange contracts (3)	$	—	$	1,783	$	—	$	1,783
Interest rate swap (4)	$	—	$	1,451			$	1,451
Liabilities
Cross currency swaps (3)	$	—	$	5,041	$	—	$	5,041
Foreign currency exchange contracts (3)	$	—	$	5,532	$	—	$	5,532
Deferred compensation (5)	$	99	$	—	$	—	$	99

(1)Money market funds with an original maturity of less than ninety days are included within cash and cash equivalents. The remaining balance of cash and cash equivalents as of December 31, 2024, consisted of demand deposits.

(2)Equity mutual funds relate to a deferred compensation plan that was assumed as part of a previous business combination. This amount is included within other current assets. Refer to footnote (5) below for a discussion of the related deferred compensation liability. The obligations under the deferred compensation plan were completed in 2024.

(3)Cross currency swaps and foreign currency exchange contracts are included within other current assets; other long-term assets; accrued liabilities; or other long-term liabilities depending on the gain (loss) position and anticipated settlement date.

(4)The interest rate swap is included within other long-term assets, or other long-term liabilities.

(5)A deferred compensation plan assumed as part of a previous business combination is included within accrued liabilities. The fair value of our deferred compensation plan is indexed to the performance of the underlying equity mutual funds discussed in footnote (2) above. The obligations under the deferred compensation plan were completed in 2024.