v3.26.1
Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]
The following table presents the fair values of our derivative instruments included within the Condensed Consolidated Balance Sheets (in thousands):

Derivatives Designated as Cash Flow Hedging Instruments
Condensed Consolidated Balance Sheet LocationForeign Exchange ContractsInterest Rate SwapsGross Derivatives
As of June 30, 2026
Prepaid expenses and other current assets$4,775 $4,344 $9,119 
Other assets— 2,503 2,503 
Total assets$4,775 $6,847 $11,622 
Accrued liabilities$1,017 $— $1,017 
Other long-term liabilities— 17 17 
Total liabilities$1,017 $17 $1,034 
As of December 31, 2025
Prepaid expenses and other current assets$1,093 $3,745 $4,838 
Other assets70 664 734 
Total assets$1,163 $4,409 $5,572 
Accrued liabilities$479 $1,508 $1,987 
Other long-term liabilities67 3,196 3,263 
Total liabilities$546 $4,704 $5,250 


We recognized the following gains (losses) on our derivative instruments designated as cash flow hedges in other comprehensive income before reclassifications to net income (in thousands):
Gains (Losses) Recognized in Other Comprehensive Income
Three months ended
June 30,		Six months ended
June 30,
2026202520262025
Derivatives designated as cash flow hedging instruments:
Foreign exchange forward contracts$3,251 $1,830 $3,619 $1,656 
Interest rate swaps5,244 (7,974)9,478 (12,065)
Total derivatives designated as cash flow hedging instruments$8,495 $(6,144)$13,097 $(10,409)
The following table presents the effects of our derivative instruments designated as cash flow hedges on the Condensed Consolidated Statements of Operations (in thousands):
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Gains (Losses) Reclassified From Accumulated Other Comprehensive Income into Income
Three months ended
June 30,		Six months ended
June 30,
Location of Gains (Losses) in the Condensed Consolidated Statements of Operations2026202520262025
Derivatives designated as cash flow hedging instruments:
Foreign exchange forward contractsTotal revenues$(1,012)$164 $(716)$874 
Foreign exchange forward contractsCost of goods sold506 (393)655 (1,407)
Interest rate swapsInterest expense1,136 3,316 2,354 7,072 
Total derivatives designated as cash flow hedging instruments$630 $3,087 $2,293 $6,539 
As of June 30, 2026, we expect an estimated $3.7 million in deferred gains on the outstanding foreign exchange contracts and an estimated $4.3 million in deferred gains on the interest rate swaps will be reclassified from accumulated other comprehensive loss to net income during the next 12 months concurrent with the underlying hedged transactions also being reported in net income.