Accumulated other comprehensive loss on the unaudited Condensed Consolidated Balance Sheets is net of applicable taxes, and consists of unrealized gains and losses on available-for-sale securities, unrealized gains and losses on certain derivative transactions and foreign currency translation adjustments.


(in thousands)	Derivative transactions		Foreign currency translation adjustments		Total
Balance as of March 31, 2026	$	5,529	$	(70,114)	$	(64,585)
Other comprehensive income (loss) before reclassifications	2,377		(2,382)		(5)
Amounts reclassified from accumulated other comprehensive loss (1)	257		—		257
Net other comprehensive income (loss) during the period	2,634		(2,382)		252
Balance as of June 30, 2026	$	8,163	$	(72,496)	$	(64,333)

(1) Amounts reclassified are recorded in Net sales, Cost of sales, or Other non-operating income (expense), net on the unaudited Condensed Consolidated Statements of Operations. Refer to Note 12 for further information regarding reclassifications.


(in thousands)	Derivative transactions		Foreign currency translation adjustments		Total
Balance as of March 31, 2025	$	15,436	$	(76,887)	$	(61,451)
Other comprehensive income (loss) before reclassifications	(24,065)		20,550		(3,515)
Amounts reclassified from accumulated other comprehensive loss (1)	(1,881)		—		(1,881)
Net other comprehensive income (loss) during the period	(25,946)		20,550		(5,396)
Balance as of June 30, 2025	$	(10,510)	$	(56,337)	$	(66,847)


(in thousands)	Available-for- sale securities		Derivative transactions		Foreign currency translation adjustments		Total
Balance as of December 31, 2025	$	95	$	(4,636)	$	(61,112)	$	(65,653)
Other comprehensive income (loss) before reclassifications	—		12,710		(11,384)		1,326
Amounts reclassified from accumulated other comprehensive loss (1)	(95)		89		—		(6)
Net other comprehensive income (loss) during the period	(95)		12,799		(11,384)		1,320
Balance as of June 30, 2026	$	—	$	8,163	$	(72,496)	$	(64,333)


(in thousands)	Available-for- sale securities		Derivative transactions		Foreign currency translation adjustments		Total
Balance as of December 31, 2024	$	84	$	23,394	$	(86,700)	$	(63,222)
Other comprehensive income (loss) before reclassifications	—		(29,975)		30,363		388
Amounts reclassified from accumulated other comprehensive loss (1)	(84)		(3,929)		—		(4,013)
Net other comprehensive income (loss) during the period	(84)		(33,904)		30,363		(3,625)
Balance as of June 30, 2025	$	—	$	(10,510)	$	(56,337)	$	(66,847)