v3.26.1
Derivative Financial Instruments and Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Foreign Currency Hedges

The fair value of interest rate swap and foreign currency non-delivery option hedges is classified in the accompanying consolidated balance sheets, as of June 30, 2026, as follows:

 

   Derivative Assets   Derivative Liabilities
Derivatives financial instruments  June 30, 2026  

June 30, 2026

 
under Subtopic 815-20:  Balance Sheet 
Location		  Fair Value   Balance Sheet 
Location		  Fair Value 
               
Derivative instruments:                
Interest Rate Swap Contracts  Other current assets  $787   Accrued liabilities  $- 
foreign currency non-delivery forwards      232       - 
Total derivative instruments  Total derivative assets  $1,019   Total derivative liabilities  $- 
Schedule of Gains (Losses) on Derivative Financial Instruments quarter ended

The following table presents the gains (losses) on derivative financial instruments, and their classifications within the accompanying consolidated financial statements, for the three months ended June 30, 2026, and 2025:

 

  

   Derivatives in Cash Flow Hedging Relationships 
   Amount of Gain or (Loss)   Location of Gain or (Loss) Reclassified from Accumulated  Amount of Gain or (Loss) Reclassified from 
   Recognized in earnings on   OCI (Loss) into  Accumulated 
   Derivatives   Income  OCI (Loss) into Income 
   Three Months Ended      Three Months Ended 
   June 30,   June 30,      June 30,   June 30, 
   2026   2025      2026   2025 
                    
Interest Rate Swap and foreign currency non-delivery forwards Contracts  $1,808   $748   Interest income (expense), net and deferred cost of financing and operating revenues   $-   $1,250 

 

   Derivatives in Cash Flow Hedging Relationships 
   Amount of Gain or (Loss)   Location of Gain or (Loss) Reclassified from Accumulated 

Amount of Gain or (Loss)

Reclassified from

 
   Recognized in earnings on   OCI (Loss) into  Accumulated 
   Derivatives   Income  OCI (Loss) into Income 
   Six Months Ended      Six Months Ended 
   June 30,   June 30,      June 30,   June 30, 
   2026   2025      2026   2025 
                    
Interest Rate Swap and foreign currency non-delivery forwards Contracts  $2,782   $148   Interest income (expense), net and deferred cost of financing and operating revenues  $-   $2,242 
Schedule of Fair Value and Carrying Amounts of Long Term Debt

The following table summarizes the fair value and carrying amounts of our long-term debt:

 

  

June 30,

2026

  

December 31,

2025

 
Fair Value  $215,180   $170,727 
Carrying Value  $219,238   $171,202