Investment in Joint Venture (Tables)

12 Months Ended

Dec. 31, 2023

Equity Method Investments and Joint Ventures [Abstract]

Summarized Activity Related to Investment in Joint Venture

The following table shows changes in our investment in the JV.

Balance as of December 31, 2022	$	31,802
Share of earnings	5,806
Dividends paid by joint venture	(3,938)
Foreign currency translation loss	(969)
Balance as of December 31, 2023	$	32,701

Investment Company, Nonconsolidated Subsidiary, Summarized Financial Information

The following tables show summarized financial information of the unconsolidated JV.

	Year Ended December 31,
	2023	2022	2021
Net sales	109,630	101,565	94,846
Cost of sales	93,609	84,654	77,620
Income from operations	14,175	15,111	15,429
Net income	11,848	13,453	12,777

	December 31,
	2023	2022
Current assets	68,508	63,141
Noncurrent assets	77,554	79,473
Current liabilities	68,665	66,960
Noncurrent liabilities	8,662	8,695