v3.26.1
Derivative Financial Instruments and Hedging (Tables)
3 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
The following table represents the unrealized (losses) gains of forward contracts that were designated as hedging instruments, net of tax effects, that were recorded in accumulated other comprehensive income as of March 31, 2026 and December 31, 2025, and their effect on other comprehensive income for the three months ended March 31, 2026 and 2025:
 
Three Months Ended March 31,
2026
2025
 
(in thousands)
Beginning balance
$
— 
$
(8,263)
Amount of net gains (losses) recorded in accumulated other comprehensive income
— 
(555)
Amount of net gains (losses) reclassified from accumulated other comprehensive income to earnings
— 
6,579 
Ending balance
$
— 
$
(2,239)