Financial Instruments Measured at Fair Value (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Financial Instruments Measured at Fair Value |
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| Schedule of assets (liabilities) measured at fair value on a recurring basis |
| | | | | | | | | | | | | | | | (thousands) | | Balance Sheet Location | | Level 1 | | Level 2 | | Level 3 | | Total | Cash equivalents (a) | | | Cash and cash equivalents | | $ | 11,412 | | $ | — | | $ | — | | $ | 11,412 | Equity investments (b) | | | Other assets | | | 41,787 | | | — | | | — | | | 41,787 | Foreign exchange contracts designated as net investment hedges | | | Other assets / other current assets | | | — | | | 16,816 | | | — | | | 16,816 | | | | | | $ | 53,199 | | $ | 16,816 | | $ | — | | $ | 70,015 |
| | | | | | | | | | | | | | | | (thousands) | | | Balance Sheet Location | | Level 1 | | Level 2 | | Level 3 | | Total | Cash equivalents (a) | | | Cash and cash equivalents | | $ | 10,751 | | $ | — | | $ | — | | $ | 10,751 | Equity investments (b) | | | Other assets | | | 42,907 | | | — | | | — | | | 42,907 | Foreign exchange contracts designated as net investment hedges | | | Other assets / other current assets | | | — | | | 53,679 | | | — | | | 53,679 | | | | | | $ | 53,658 | | $ | 53,679 | | $ | — | | $ | 107,337 |
| (a) | Cash equivalents include highly liquid investments with an original maturity of less than three months. |
| (b) | The company has an approximately 9.0% equity ownership interest in Marubun Corporation and a portfolio of mutual funds with quoted market prices. During 2025, 2024, and 2023, the company recorded unrealized gains (losses) of $3.4 million, $(12.0) million, and $9.7 million, respectively, on equity securities held at the end of each year. |
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| Schedule of effects of derivative instruments on the company's consolidated statements of operations and other comprehensive income |
| | | | | | | | | | | | (thousands) | | Income Statement Line | | 2025 | | 2024 | | 2023 | Gain (Loss) Recognized in Income (Loss) | | | | | | | | | | | | Foreign exchange contracts, net investment hedge (a) | | Interest Expense | | $ | 3,429 | | $ | 6,747 | | $ | 7,460 | Interest rate swaps, cash flow hedge (b) | | Interest Expense | | | 2,246 | | | 593 | | | (2,889) | Interest rate swap, fair value hedge (c) | | Interest Expense | | | — | | | 454 | | | (454) | | | | | $ | 5,675 | | $ | 7,794 | | $ | 4,117 | Gain (Loss) Recognized in Other Comprehensive Income (Loss) before reclassifications, net of tax | | | | | | | | | | | | Foreign exchange contracts, net investment hedge (d) | | | | $ | (9,123) | | $ | 12,996 | | $ | (2,276) | Interest rate swaps, cash flow hedge | | | | | — | | | (685) | | | 585 | | | | | $ | (9,123) | | $ | 12,311 | | $ | (1,691) |
| (a) | Represents derivative amounts excluded from the assessment of effectiveness for the net investment hedges reclassified from CTA to “Interest and other financing expense, net.” |
| (b) | Includes amortization of $56.7 million gain recognized in 2023 resulting from the termination of an interest rate swap |
| (c) | The cumulative amount of fair value hedging adjustments to the carrying value of hedged debt instruments totaled a loss of $0.4 million during 2024, and a loss of $5.8 thousand during 2023, respectively. During the first quarter of 2024, the fair value hedge was terminated. |
| (d) | Includes derivative losses excluded from the assessment of effectiveness for the net investment hedges and recognized in other comprehensive income, net of tax, of $9.2 million, $4.0 million, and $1.8 million for 2025, 2024, and 2023, respectively, which were excluded from the assessment of effectiveness for the net investment hedges and recognized in other comprehensive income (loss), net of tax. |
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| Foreign exchange contract | Designated as hedging instrument |
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| Financial Instruments Measured at Fair Value |
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| Schedule of description of types of hedging instruments used |
| | | | | | | | | Notional Amount (thousands) | Maturity Date | | 2025 | | 2024 | April 2025 | | EUR | — | | EUR | 100,000 | January 2028 | | EUR | 100,000 | | EUR | 100,000 | | | EUR | 100,000 | | EUR | 200,000 |
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