v3.26.1
Fair Value Measurements and Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Fair Value Hierarchy Level for Company's Liabilities Measured Fair value measurements and the fair value hierarchy level for the Company’s assets and liabilities measured or disclosed at fair value on a recurring basis as of June 30, 2026 and December 31, 2025 were as follows:
June 30, 2026December 31, 2025Input
Derivatives designated as hedging instruments:
Forward foreign exchange contracts - other current assets$5,161 $7,211 Level 2
Forward foreign exchange contracts - accrued liabilities$— $(68)Level 2
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]
Fair value of the Company’s Senior Secured First Lien Notes as of June 30, 2026, and the combined fair values of the Company’s First Lien Notes, Third Lien Notes, and 2026 Senior Notes as of December 31, 2025, were as follows:
June 30, 2026December 31, 2025
Aggregate fair value$1,105,500 $1,062,833 
Aggregate carrying value (1)
$1,100,000 $1,051,175 
(1)    Excludes unamortized debt issuance costs and unamortized original issue discount.
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]
Pretax amounts related to the Company’s cash flow hedges that were recognized in other comprehensive income (loss) (“OCI”) were as follows:
Gain Recognized in OCI
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Cash flow hedges$2,851 $5,543 $4,056 $9,277 
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Pretax amounts related to the Company’s cash flow hedges that were reclassified from AOCI and recognized in cost of products sold were as follows:
Gain Reclassified from AOCI to Income
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Cash flow hedges$3,331 $999 $6,043 $617 
Schedule of Derivative Instruments Included in Trading Activities
Pretax amounts related to the Company’s non-designated derivatives that were recognized in other (expense) income, net were as follows:
Loss Recognized in Income
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Non-designated foreign currency contracts$(522)$(1,860)$(955)$(2,475)