Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Information Related to Recurring Fair Value Measurement of Derivative Instruments in Our Consolidated Condensed Balance Sheet

Information related to the recurring fair value measurement of derivative instruments in the consolidated condensed balance sheet as of June 30, 2025 is as follows:


								Asset Derivatives						Liability Derivatives
		Fair Value Hierarchy		Notional Amount				Balance Sheet Location		Fair Value				Balance Sheet Location		Fair Value				Net Assets/ (Liabilities)
Derivatives Designated as Cash Flow Hedges
Foreign currency derivatives		Level 2		$	82,362			Other current assets		$	5,768			Other current liabilities		$	—			$	5,768
Interest rate contracts		Level 2		$	100,000			Other current assets		$	—			Other current liabilities		$	699			$	(699	)
Derivatives Not Designated as Hedging Instruments
Interest rate contracts		Level 2		$	100,000			Other current assets		$	104			Other current liabilities		$	—			$	104

Information related to the recurring fair value measurement of derivative instruments in the consolidated condensed balance sheet as of December 31, 2024 is as follows:


								Asset Derivatives						Liability Derivatives
		Fair Value Hierarchy		Notional Amount				Balance Sheet Location		Fair Value				Balance Sheet Location		Fair Value				Net Assets/ (Liabilities)
Derivatives Designated as Cash Flow Hedges
Foreign currency derivatives		Level 2		$	126,496			Other current assets		$	—			Other current liabilities		$	2,037			$	(2,037	)
Derivatives Not Designated as Hedging Instruments
Interest rate contracts		Level 2		$	100,000			Other current assets		$	719			Other current liabilities		$	—			$	719

Information Related to Effect of Derivative Instruments on Our Consolidated Condensed Statements of income and Consolidated Condensed Statements of Comprehensive Income

Information relating to the effect of derivative instruments on the consolidated condensed statements of income and the consolidated condensed statements of comprehensive income is as follows:


				Three Months Ended June 30,								Six Months Ended June 30,
		Location (Income/(Loss))		2025				2024				2025				2024
Derivatives Designated as Cash Flow Hedges
Foreign currency derivatives		Cost of sales – (loss) income		$	(766	)		$	2,896			$	(1,813	)		$	6,272
		Other comprehensive income (loss)			5,427				(7,560	)			9,054				(8,413	)
Total foreign currency derivatives				$	4,661			$	(4,664	)		$	7,241			$	(2,141	)

Interest rate contracts		Interest expense, net		$	—			$	—			$	—			$	—
		Other comprehensive income (loss)			(699	)			—				(699	)			—
Total interest rate derivatives				$	(699	)		$	—			$	(699	)		$	—

Derivatives Not Designated as Hedging Instruments
Interest rate contracts		Interest expense, net		$	(313	)		$	(308	)		$	(615	)		$	(4	)
Total interest rate derivatives				$	(313	)		$	(308	)		$	(615	)		$	(4	)

Summary of Receivables Factored and Availability Under Receivables Factoring Agreements

Receivables factored under receivables factoring agreements balances as of December 31, 2024 were as follows:


		December 31, 2024
Receivables factored and outstanding		$	755

Summary of Trade Receivables Sold and Factoring Fees Incurred

Trade receivables sold and factoring fees incurred during the three and six months ended June 30, 2024 were as follows:


		Three Months Ended June 30,				Six Months Ended June 30,
		2024				2024
Trade receivables sold		$	40,775			$	70,877
Factoring fees incurred			199				378