v3.25.2
Shareholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of Components of Accumulated Other Comprehensive Loss
The following table presents the components of accumulated other comprehensive loss for the six months ended June 30, 2025:
Cash Flow HedgesDefined Benefit and Retiree Healthcare PlansCumulative Translation AdjustmentAccumulated Other Comprehensive Loss
Balance as of December 31, 2024$(7,913)$(11,690)$(22,940)$(42,543)
Other comprehensive (loss)/income before reclassifications, net of tax(9,224)— 13,677 4,453 
Reclassifications from accumulated other comprehensive loss, net of tax2,425 504 — 2,929 
Other comprehensive (loss)/income(6,799)504 13,677 7,382 
Balance as of June 30, 2025$(14,712)$(11,186)$(9,263)$(35,161)
Schedule of Amounts Reclassified from Accumulated Other Comprehensive Loss
The following table presents the amounts reclassified from accumulated other comprehensive loss for the three and six months ended June 30, 2025 and 2024:
For the three months ended June 30, For the six months ended June 30, Affected Line in Condensed Consolidated Statements of Operations
Component2025202420252024
Derivative instruments designated and qualifying as cash flow hedges:
Foreign currency forward contracts $764 $(762)$(4,263)$(870)
Net revenue (1)
Foreign currency forward contracts 4,417 (8,485)7,531 (15,839)
Cost of revenue (1)
Total, before taxes5,181 (9,247)3,268 (16,709)Income before taxes
Income tax effect(1,336)2,386 (843)4,311 Provision for income taxes
Total, net of taxes$3,845 $(6,861)$2,425 $(12,398)Net income
Defined benefit and retiree healthcare plans
Defined benefit and retiree healthcare plans$19 $271 $10 $567 Other, net
Defined benefit and retiree healthcare plans— — 721 — Restructuring and other charges, net
Total, before taxes19 271 731 567 Income before taxes
Income tax effect(9)(63)(227)(132)Provision for income taxes
Total, net of taxes$10 $208 $504 $435 Net income
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(1)    Refer to Note 14: Derivative Instruments and Hedging Activities for additional information regarding amounts to be reclassified from accumulated other comprehensive loss in future periods.