INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Income Tax Expense

Income tax expense consists of the following:

	2024		2023		2022
Current:
Federal	$	30,208	$	27,306	$	26,423
Foreign	10,376		7,634		7,103
State	4,173		4,403		3,964
Deferred:
Federal	(2,442)		(7,737)		(7,532)
Foreign	(3,192)		(2,285)		(215)
State	(1,145)		(603)		(1,361)
Total income tax provision	$	37,978	$	28,718	$	28,382

Schedule of Income Tax Reconciliation

The provision for income taxes differs from the amount computed by applying the Federal statutory rate of 21% for 2024, 2023, and 2022 to earnings before income tax expense due to the following:

	2024		2023		2022
Income tax at Federal statutory rate	$	34,955	$	28,825	$	28,087
State income taxes, net of Federal income taxes	2,284		2,513		1,862
Change in foreign tax reserves	2,146		—		—
Stock options	(1,904)		(1,004)		(676)
Foreign-derived intangible income (FDII)	(1,562)		(1,752)		(1,778)
Foreign rate differential	1,024		946		2,066
Other	1,035		(810)		(1,179)
Total income tax provision	$	37,978	$	28,718	$	28,382

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, 2024 and 2023 were as follows:

	2024		2023
Deferred tax assets:
Inventories	$	2,437	$	1,049
Share-based compensation	4,476		5,565
Lease liabilities	4,296		4,812
Research and development	12,838		12,653
Other	5,658		3,874
Total deferred tax assets	29,705		27,953
Deferred tax liabilities:
Amortization	$	(38,532)	$	(42,351)
Depreciation	(26,234)		(28,937)
Prepaid expenses	(306)		(421)
Foreign currency and interest rate swaps	(642)		(647)
Right of use assets	(4,032)		(4,574)
Other	(3,656)		(3,047)
Total deferred tax liabilities	(73,402)		(79,977)
Valuation allowance	(25)		(22)
Net deferred tax liability	$	(43,722)	$	(52,046)

Schedule of Reconciliation of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits, which is included in other long-term obligations on the Company’s consolidated balance sheets, is as follows:

	2024		2023		2022
Balance at beginning of period	$	4,650	$	5,815	$	5,881
Increases for tax positions of prior years	3,211		1,353		2,194
Decreases for tax positions of prior years	(1,141)		(2,518)		(2,260)
Balance at end of period	$	6,720	$	4,650	$	5,815