Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Income (Loss) Before Income Taxes From Domestic and International Jurisdictions

Income (loss) before income taxes from domestic and international jurisdictions is comprised of the following:

Year Ended December 31,	2024			2023
Income (loss) before income taxes:
Domestic	$	(47,552	)	$	(65,847	)
Foreign		(5,129	)		(50,951	)
	$	(52,681	)	$	(116,798	)

Summary of Income Tax (Provision) Benefit

The income tax (provision) benefit is comprised of the following:

Year Ended December 31,	2024			2023
Current taxes
Federal	$	2,819		$	(548	)
State		(159	)		(112	)
Foreign		(6,049	)		(1,915	)
Total current taxes		(3,389	)		(2,575	)
Deferred taxes
Federal		(23,113	)		20,057
State		(462	)		7,028
Foreign		1,463			(564	)
Total deferred taxes		(22,112	)		26,521
Income tax (provision) benefit	$	(25,501	)	$	23,946

Reconciliation of the U.S. Federal Tax Rate

The following is a reconciliation of the U.S. federal tax rate to the Company's effective income tax rate:

Year Ended December 31,	2024			2023
Statutory rate		21.0	%		21.0	%
State tax provisions, net of federal income tax benefit		0.4			1.1
Tax credits		13.4			6.3
Foreign income taxes at rates other than the statutory rate		3.7			16.4
Valuation allowance		(52.2	)		5.9
Changes in tax liabilities, net		10.3			(0.2	)
Share based compensation		(3.7	)		(1.4	)
Unremitted non-U.S. Earnings		0.1			2.4
US tax on non-US income		(39.6	)		(6.7	)
Loss on deconsolidation of subsidiary		—			(20.1	)
Non-deductible charges		(4.2	)		(1.6	)
Other		2.4			(2.6	)
Effective income tax rate		(48.4	)%		20.5	%

Summary of Deferred Income Tax Assets and Liabilities

Tax effects of temporary differences that gave rise to significant portions of the deferred tax assets and deferred tax liabilities are as follows:

Year Ended December 31,	2024			2023
Deferred income tax assets:
Accrued liabilities	$	4,360		$	7,115
Hedging and foreign currency gains (losses)		—			(1,030	)
Deferred compensation		6,411			7,270
Inventory reserves		205			1,864
Net loss carryforwards and credits		38,284			46,301
Interest carryforwards		56,202			35,633
Intangibles, property, plant and equipment and other		11,564			10,272
Competent authority deferred tax assets and    other foreign timing differences		3,738			5,041
Other		8,898			730
Total before valuation allowance		129,662			113,196
Valuation allowance		(87,874	)		(60,387	)
Net deferred income tax assets		41,788			52,809
Deferred income tax liabilities:
Hedging and foreign currency gains (losses)		(1,498	)		—
Intangibles, property, plant and equipment and other		—			—
Unremitted earnings		(2,349	)		(2,499	)
Deferred income tax liabilities		(3,847	)		(2,499	)
Net deferred income tax assets	$	37,941		$	50,310

The classification of the Company's net deferred tax asset is shown below:

Year Ended December 31,	2024			2023
Long-term deferred income tax assets	$	39,046		$	52,213
Long-term deferred income tax liabilities		(1,105	)		(1,903	)
Net deferred tax asset	$	37,941		$	50,310

Schedule of Unrecognized Tax Positions Roll Forward

A reconciliation of the beginning and ending amounts of uncertain tax positions is as follows:

Year Ended December 31,	2024			2023
Beginning balance	$	30,549		$	26,100
Increases (decreases) due to foreign currency translations		(1,416	)		640
Increases (decreases) as a result of positions taken during:
Prior periods		(356	)		3,274
Current period		—			776
Settlements with taxing authorities		(14,658	)		(21	)
Expiration of applicable statutes of limitation		(405	)		(220	)
Ending balance	$	13,714		$	30,549