General (Tables)

3 Months Ended

Mar. 31, 2023

Accounting Policies [Abstract]

Schedule of Derivative Instruments

		March 31, 2023				December 31, 2022
Instrument	Balance Sheet Location	Notional		Balance		Notional		Balance
Net investment hedges:
Forward contracts	Prepaid expenses and other current assets	$	606,950	$	45,189	$	606,950	$	46,670
Forward contract	Other current liabilities	$	106,800	$	3,748	$	106,800	$	3,064
Foreign currency debt	Long-term debt	€	700,000	$	763,420	€	700,000	$	749,280

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)

The tables below presents gains related to designated net investment hedges:

	(Loss) Gain Recognized in AOCL before Reclassifications				Gain Recognized in Interest Expense for Excluded Components
(in thousands)	2023		2022		2023		2022
Three Months Ended March 31,
Net investment hedges:
Forward contracts	$	(5,324)	$	19,393	$	3,158	$	7,565
Foreign currency debt	(14,140)		11,760		—		—
Total	$	(19,464)	$	31,153	$	3,158	$	7,565

Schedule of Earnings per Share, Basic and Diluted

The following table summarizes basic and diluted shares outstanding:

	Three Months Ended March 31,
(in thousands, except per share data)	2023		2022
Net income	$	303,957	$	245,838
Weighted average common shares outstanding	140,804		141,916
Dilutive effect of stock options and non-vested restricted stock awards	921		926
Weighted average common shares outstanding – assuming dilution	141,725		142,842
Basic earnings per share	$	2.16	$	1.73
Diluted earnings per share	$	2.14	$	1.72