v3.26.1
Derivatives (Tables)
6 Months Ended
Jun. 30, 2026
Foreign Currency [Abstract]  
Schedule of Notional Amounts of Outstanding Forgein Currency Derivatives

The notional amounts of outstanding derivative instruments are as follows:

 

 

 

June 30,

 

 

December 31,

 

Notional Amount

 

2026

 

 

2025

 

Derivative instruments designated as hedges:

 

 

 

 

 

 

Foreign currency derivatives

 

$

12,462

 

 

$

16,736

 

Schedule of Fair Value of Outstanding Forgein Currency Derivatives Designated as Hedges

The fair value of outstanding derivative instruments designated as hedges are as follows:

 

 

 

June 30,

 

 

December 31,

 

Fair Value

 

2026

 

 

2025

 

Prepaid expenses and other current assets:

 

 

 

 

 

 

Foreign currency derivatives

 

$

332

 

 

$

437

 

Schedule of Pre-text Realizes Gain on Forgein Currency Derivatives

The pre-tax realized (gains) losses on foreign currency derivatives are recognized in the condensed consolidated statements of operations as follows:

 

 

 

 

 

Amount of (Gain)/Loss Recognized

 

 

Amount of (Gain)/Loss Recognized

 

 

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

Location of Realized (Gain)/Loss Recognized in the Consolidated Statements of Operations

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Derivative instruments designated as cash flow hedges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency derivatives

 

Cost of sales

 

$

(657

)

 

$

(104

)

 

$

(1,128

)

 

$

487