Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Summary of Financial Liabilities and Assets Measured at Fair Value on Recurring Basis

The table below summarizes the financial assets and liabilities that were measured at fair value on a recurring basis as of December 31, 2023 and the gain recorded during the year ended December 31, 2023:

	Asset (Liability) Carrying Value at December 31, 2023			Quoted Prices in Active Markets for Identical (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)			Gain (Loss) for Year Ended December 31, 2023
Interest rate swap	$	1,827		$	—	$	1,827		$	—		$	1,789
Foreign currency hedges	$	1,087		$	—	$	1,087		$	—		$	2,665
Cross-currency swap	$	(747	)	$	—	$	(747	)	$	—		$	515
Qualified replacement plan assets	$	13,392		$	13,392	$	—		$	—		$	710
Contingent consideration	$	(3,764	)	$	—	$	—		$	(3,764	)	$	(200	)

The table below summarizes the financial assets that were measured at fair value on a recurring basis as of December 31, 2022 and the gain recorded during the year ended December 31, 2022:

	Asset (Liability) Carrying Value at December 31, 2022			Quoted Prices in Active Markets for Identical (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)		Gain for Year Ended December 31, 2022
Interest rate swap	$	2,995		$	—	$	2,995		$	—	$	77
Foreign currency hedges	$	945		$	—	$	945		$	—	$	924
Cross-currency swap	$	(357	)	$	—	$	(357	)	$	—	$	461
Qualified replacement plan assets	$	15,249		$	15,249	$	—		$	—	$	—

Roll-forward of the Contingent Consideration

A roll-forward of the contingent consideration is as follows:

	Contingent
	Consideration
Balance at December 31, 2022	$	—
Acquisition date fair value of contingent consideration		3,564
Change in fair value		200
Balance at December 31, 2023	$	3,764

As of December 31, 2023, approximately $1,076 of contingent consideration was recorded in accrued expenses and other liabilities with the remainder in other long-term obligations in the Consolidated Balance Sheets.