v3.26.3
DERIVATIVES (Tables)
9 Months Ended
Sep. 30, 2026
DERIVATIVES  
Schedule of fair values of derivative instruments on the Company's Condensed Consolidated Balance Sheets

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September 30, 2026

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December 31, 2025

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Other

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Other

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Other

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Other

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Current

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Current

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Other

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Other

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Current

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Current

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Other

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Other

Derivatives by hedge designation

Assets

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Liabilities

  ​ ​ ​

Assets

  ​ ​ ​

Liabilities

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Assets

  ​ ​ ​

Liabilities

  ​ ​ ​

Assets

  ​ ​ ​

Liabilities

Designated as hedging instruments:

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  ​

 

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  ​

 

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  ​

 

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  ​

 

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  ​

 

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  ​

 

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Foreign exchange contracts

$

1,079

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$

1,132

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$

—

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$

—

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$

2,149

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$

289

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$

—

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$

—

Net investment contracts

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6,338

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338

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—

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—

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102

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12,529

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—

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—

Not designated as hedging instruments:

 

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Foreign exchange contracts

 

1,993

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3,491

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—

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—

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582

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470

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—

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—

Total derivatives

$

9,410

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$

4,961

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$

—

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$

—

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$

2,833

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$

13,288

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$

—

​

$

—

Schedule of effects of undesignated derivative instruments on the Company's Consolidated Statements of Income

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Three Months Ended

  ​ ​ ​

Nine Months Ended

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September 30, 

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September 30, 

Derivatives by hedge designation

  ​ ​ ​

Classification of (loss) gain

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Not designated as hedges:

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Foreign exchange contracts

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Selling, general & administrative expenses

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$

(3,350)

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$

113

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$

(5,064)

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$

22,071

Schedule of effects of designated hedges on AOCI and the Company's Consolidated Statements of Income

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Total (loss) gain recognized in AOCI, net of tax

  ​ ​ ​

September 30, 2026

  ​ ​ ​

December 31, 2025

Foreign exchange contracts

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$

(106)

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$

1,396

Forward starting swap agreements

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14,668

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16,291

Net investment contracts

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(233)

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(5,721)

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Three Months Ended

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Nine Months Ended

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Gain (loss) recognized in the

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September 30, 

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September 30, 

Derivative type

  ​ ​ ​

Consolidated Statements of Income:

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Foreign exchange contracts

 

Sales

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$

599

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$

1,387

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$

3,112

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$

1,052

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Cost of goods sold

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176

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(219)

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1,867

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324

Forward starting swap agreements

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Interest expense, net

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​

689

​

​

689

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​

2,755

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​

2,066

​