v3.26.1
Fair-Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Measurements, Recurring and Nonrecurring
The following table presents the fair-value hierarchy for our Level 1 and Level 2 financial and non-financial assets and liabilities, which are measured at fair value on a recurring basis:
June 30, 2026December 31, 2025
Quoted
prices in
active
markets		Significant
other
observable
inputs
Quoted
prices in
active
markets
Significant
other
observable
inputs
(in thousands)
(Level 1)(Level 2)
(Level 1)
(Level 2)
Fair Value
Assets:
Cash equivalents$11,404 $— $10,584 $— 
Other Assets:
Common stock of unaffiliated foreign public company (a)— — 1,098 — 
Interest rate swaps— 629 — 768 
Liabilities:
Foreign currency option contracts— 340 — — 
(a)Original cost basis $0.5 million.
Schedule of Derivative Instruments, Gain (Loss)
(Gains)/losses related to changes in fair value of derivative instruments that were recognized in Other (income)/expense, net in the Consolidated Statements of Income were as follows:
Three months ended June 30,Six months ended June 30,
(in thousands)2026202520262025
Derivatives not designated as hedging instruments:
Foreign currency options (gains)/losses$(91)$(735)$(1,174)$(3,261)