Other Current and Long-Term Assets (Tables)

6 Months Ended

Jun. 30, 2023

Other Assets, Noncurrent [Abstract]

Schedule of Other Current Assets

Other current assets consisted of the following:

(in thousands)	June 30, 2023		December 31, 2022
Customer acquisition costs	$	52,457	$	50,776
Contract assets, net (1)	50,124		41,854
Prepaid expenses	38,918		41,742
Taxes receivable	20,305		48,430
Deferred sales commissions	6,583		6,472
Foreign currency exchange contracts	3,918		5,185
Cross currency swap contracts	—		8,135
Other assets	16,883		17,895
Other current assets	$	189,188	$	220,489

(1) Contract assets, net, are net of allowances for credit loss. Refer to "Note 6. Credit Losses."

Schedule of Other Long-Term Assets

Other long-term assets consisted of the following:

(in thousands)	June 30, 2023		December 31, 2022
Contract assets, net (1)	$	157,821	$	148,971
Customer acquisition costs	110,131		107,205
Deferred income taxes	65,337		55,215
Equity investments	30,250		30,250
Investment in long-term product supply arrangements	25,141		25,250
Deferred sales commissions	12,901		12,718
Taxes receivable	1,548		717
Other assets	36,096		37,403
Other long-term assets	$	439,225	$	417,729

(1) Contract assets, net, are net of allowances for credit loss. Refer to "Note 6. Credit Losses."