Derivative Instruments (Tables)

6 Months Ended

Jun. 30, 2025

Derivative Instruments [Abstract]

Schedule of Accumulated Other Comprehensive Income and Reclassified as Cost of Revenues and Operating Expenses

These transactions are effective and, as a result, gain or loss on the derivative instruments are reported as a component of accumulated other comprehensive income and reclassified as Cost of revenues and Operating expenses, at the time that the hedged income/expense is recorded.

		Net Notional amount								Fair value
		June 30, 2025				December 31, 2024				June 30, 2025				December 31, 2024
		(Unaudited)								(Unaudited)
Option contracts to hedge payroll
expenses NIS		$	34,352			$	24,580			$	2,130			$	346
Forward contracts to hedge payroll
expenses NIS			11,267				3,495				824				96
		$	45,619			$	28,075			$	2,954			$	442

Schedule of Fair Value Derivatives Instruments and Foreign Exchange Cash Flow Hedging Relationships

The fair value of the Company’s outstanding derivative instruments on June 30, 2025 and December 31, 2024 is summarized below:

				Fair value of derivative instruments
				June 30,				December 31,
				2025				2024
		Balance Sheet line item		(Unaudited)
Derivative assets and liabilities:
Foreign exchange option contracts		Prepaid expenses and other current assets		$	2,217			$	457
Foreign exchange forward contracts		Prepaid expenses and other current assets			824				96
Foreign exchange option contracts		Other account payable		$	(87	)		$	(111	)

Schedule of Derivative Instruments in Cash Flow Hedging Relationship on Other Comprehensive Loss

The effect of derivative instruments in cash flow hedging relationship on other comprehensive income for the six months ended June 30, 2025 and 2024, is summarized below:

		Amount of gain (loss) recognized in other comprehensive income on derivative, net of tax
		Six months ended June 30,
		2025				2024
		(Unaudited)				(Unaudited)
Derivatives in foreign exchange cash flow hedging relationships:
Forward contracts		$	727			$	—
Option contracts			2,130				(652	)
		$	2,857			$	(652	)

Schedule of Derivatives in Foreign Exchange Cash Flow Hedging Relationships

Derivatives in foreign exchange cash flow hedging relationships for the six months ended June 30, 2025 and 2024, is summarized below:

				Amount of gain reclassified from other comprehensive income into expenses, net of tax
				Six months ended June 30,
				2025				2024
		Statements of income line		(Unaudited)				(Unaudited)
Option contracts to hedge payroll		Cost of revenues and operating expenses		$	(614	)		$	(198	)
Forward contracts to hedge payroll		Cost of revenues and operating expenses			(86	)			—
				$	(700	)		$	(198	)