Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2026

Assets and liabilities measured at fair value on a recurring basis as of June 30, 2026 were as follows:


	Fair Value Measurements as of
	June 30, 2026 using:
(in thousands)	Level 1		Level 2		Level 3		Balance Sheet Location
Assets
Rabbi trust	$	3,108	$	—	$	—	Prepaid and other current assets
Foreign exchange derivative instruments	—		6,433		—		Prepaid and other current assets


Deferred compensation program assets	786		—		—		Other noncurrent assets


Total assets	$	3,894	$	6,433	$	—
Liabilities
Foreign exchange derivative instruments	$	—	$	502	$	—	Accrued expenses and other current liabilities

Deferred compensation program liabilities	786		—		—		Other noncurrent liabilities


Total liabilities	$	786	$	502	$	—

Assets and liabilities measured at fair value on a recurring basis as of December 31, 2025 were as follows:


	Fair Value Measurements as of
	December 31, 2025 using:
(in thousands)	Level 1		Level 2		Level 3		Balance Sheet Location
Assets
Rabbi trust	$	2,906	$	—	$	—	Prepaid and other current assets
Foreign exchange derivative instruments	—		2,950		—		Prepaid and other current assets


Deferred compensation program assets	719		—		—		Other noncurrent assets


Total assets	$	3,625	$	2,950	$	—
Liabilities
Foreign exchange derivative instruments	$	—	$	1,746	$	—	Accrued expenses and other current liabilities

Deferred compensation program liabilities	719		—		—		Other noncurrent liabilities


Total liabilities	$	719	$	1,746	$	—