Income Taxes Income tax disclosure (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

Income from continuing operations before taxes consisted of the following (in thousands): 

	Year Ended December 31,
	2022		2021		2020
United States	$	(135,646)	$	81,484	$	41,194
Foreign	21,237		41,702		56,300
	$	(114,409)	$	123,186	$	97,494

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The provision (benefit) for income taxes consisted of the following (in thousands):

	Year Ended December 31,
	2022		2021		2020
Current:
Federal	$	4,128	$	20,646	$	6,032
State	3,799		3,444		2,422
Foreign	12,924		7,236		7,290
	$	20,851	$	31,326	$	15,744
Deferred:
Federal	$	(42,012)	$	(8,154)	$	(5,319)
State	(11,239)		(1,815)		(1,850)
Foreign	(7,723)		(1,306)		2,049
	(60,974)		(11,275)		(5,120)
	$	(40,123)	$	20,051	$	10,624

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

A reconciliation of the provision for income taxes at the statutory rate to our effective tax rate is as follows (dollars in thousands):

	Year Ended December 31,
	2022				2021				2020
	Amount		Percent		Amount		Percent		Amount		Percent
Federal tax at the expected statutory rate	$	(24,026)	21.0	%	$	25,869	21.0	%	$	20,474	21.0	%
State income tax, net of federal effect	(5,050)		4.4	%	2,907		2.4	%	2,099		2.2	%
Tax credits	(3,636)		3.2	%	(2,443)		(2.0)	%	(3,269)		(3.4)	%
Global intangible low-taxed income	2,303		(2.0)	%	711		0.6	%	163		0.2	%
Foreign income tax differential	(2,943)		2.5	%	(2,983)		(2.4)	%	(3,888)		(4.0)	%
Stock-based compensation	(3,721)		3.2	%	(4,263)		(3.5)	%	(4,686)		(4.8)	%
Foreign-derived intangible income	(2,269)		2.0	%	(3,775)		(3.1)	%	(2,718)		(2.8)	%
Transaction cost	2,299		(2.0)	%	—		—	%	—		—	%
Contingent consideration	(6,830)		6.0	%	(29)		—	%	1,566		1.6	%
Section 162(m)	3,942		(3.4)	%	1,812		1.5	%	1,079		1.1	%
Other	(192)		0.2	%	2,245		1.8	%	(196)		(0.2)	%
	$	(40,123)	35.1	%	$	20,051	16.3	%	$	10,624	10.9	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The components of our deferred income tax assets (liabilities) are as follows (in thousands):

	As of December 31,
	2022		2021
Deferred tax asset:
Accruals/other	$	17,351	$	7,796
Acquired future tax deductions	14,186		5,440
Stock-based compensation	6,240		7,283
Foreign currency translation adjustments	—		3,360
Tax credits	12,906		11,953
Inventory reserves	25,100		8,199
Warranty reserve	13,241		127
Section 163(j)	9,166		—
Chargebacks, discounts, customer concessions	39,508		27,970
Valuation allowance	(11,166)		(2,934)
	$	126,532	$	69,194
Deferred tax liability:
State income taxes	$	1,816	$	2,724
Depreciation and amortization	209,687		20,483
Section 481(a) adjustment - change in accounting method	—		4,873
Foreign currency translation adjustments	9,581		—
	$	221,084	$	28,080
Deferred tax (liability) asset, net	$	(94,552)	$	41,114

Summary of Income Tax Contingencies [Table Text Block]

The following table summarizes our cumulative gross unrecognized tax benefits (in thousands): 

	Year Ended December 31,
	2022		2021		2020
Beginning balance	$	21,537	$	18,443	$	15,027
Increases to prior year tax positions	148		231		502
Increases due to acquisitions	29,606		—		—
Increases to current year tax positions	4,706		3,242		2,987
Decreases to prior year tax positions	(222)		—		(15)
Decrease related to lapse of statute of limitations	(1,722)		(31)		(58)
Decrease related to settlements with tax authorities	—		(348)		—
Ending balance	$	54,053	$	21,537	$	18,443