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HEDGING INSTRUMENTS (Tables) | 9 Months Ended
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Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Net Investment Hedges and Income Statement Impact of Hedging Instruments | The following table presents the effects of cash flow hedge accounting on our unaudited condensed consolidated statements of income and comprehensive income, and provides information regarding the location and amounts of pretax gains or losses of derivatives:
(in thousands) |  | Financial statement line items in which effects of cash flow hedges are recorded |  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  |  | 2025 |  | 2024 |  | 2025 |  | 2024
Foreign currency exchange contracts |  | Cost of revenue |  | $ | 421,885 |  |  | $ | 379,505 |  |  | $ | 1,211,658 |  |  | $ | 1,134,949 |
Amount of gain (loss) reclassified from accumulated other comprehensive income into net income |  |  |  | $ | (1,965) |  |  | $ | 512 |  |  | $ | 600 |  |  | $ | 3,043 |
Interest rate swap contract |  | Interest expense |  | $ | (10,655) |  |  | $ | (7,697) |  |  | $ | (29,642) |  |  | $ | (23,707) |
Amount of gain reclassified from accumulated other comprehensive income into net income |  |  |  | $ | 278 |  |  | $ | 860 |  |  | $ | 939 |  |  | $ | 2,796 |
Schedule of Outstanding Cross Currency Swaps Notional Amounts | The following table presents the outstanding cross currency swaps notional amounts that will be delivered to and received from the counterparties at maturity:
(in thousands)
Maturity Date |  | Notional Amount to be Delivered at Maturity |  | Notional Amount to be Received at Maturity
3/31/2028 |  | € | 35,000 |  |  | $ | 37,755 |
6/30/2028 |  | € | 90,000 |  |  | $ | 98,217 |
6/29/2029 |  | € | 20,000 |  |  | $ | 21,268 |
7/17/2028 |  | € | 76,000 |  |  | $ | 88,113 |
7/31/2028 |  | € | 39,000 |  |  | $ | 45,735 |
9/11/2032 |  | ¥ | 3,683,750 |  |  | $ | 25,000 |
Schedule of Hedging Instruments | The fair values of hedging instruments and their respective classification on our unaudited condensed consolidated balance sheets and amounts subject to offset under master netting arrangements consisted of the following:
(in thousands) |  |  |  | Hedging Assets
|  |  |  | September 30, 2025 |  | December 31, 2024
Derivatives and non-derivatives designated as hedging instruments |  | Balance Sheet Classification |  |  |  |
Foreign currency exchange contracts |  | Other current assets |  | $ | 1,988 |  |  | $ | 16,921 |
Cross currency swaps |  | Other current assets |  | — |  |  | 1,839 |
Interest rate swap contract |  | Other current assets |  | 51 |  |  | 710 |
Foreign currency exchange contracts |  | Other long-term assets |  | 324 |  |  | — |
Cross currency swaps |  | Other long-term assets |  | 480 |  |  | 1,662 |
Total derivative instruments presented as hedging instruments on the balance sheet |  |  |  | 2,843 |  |  | 21,132 |
Gross amounts subject to master netting arrangements not offset on the balance sheet |  |  |  | (1,641) |  |  | — |
Net amount |  |  |  | $ | 1,202 |  |  | $ | 21,132 |
(in thousands) |  |  |  | Hedging Liabilities
|  |  |  | September 30, 2025 |  | December 31, 2024
Derivatives and non-derivatives designated as hedging instruments |  | Balance Sheet Classification |  |  |  |
Foreign currency exchange contracts |  | Accrued liabilities |  | $ | 5,583 |  |  | $ | — |
Cross currency swaps |  | Other long-term liabilities |  | 14,062 |  |  | 33 |
Foreign currency exchange contracts |  | Other long-term liabilities |  | 946 |  |  | — |
Total derivative instruments presented as hedging instruments on the balance sheet |  |  |  | 20,591 |  |  | 33 |
Non-derivative foreign currency denominated debt designated as net investment hedge on the balance sheet (1) |  | Short-term debt |  | — |  |  | 92,803 |
Total hedging instruments presented on the balance sheet |  |  |  | 20,591 |  |  | 92,836 |
Gross amounts subject to master netting arrangements not offset on the balance sheet |  |  |  | (1,641) |  |  | — |
Net amount |  |  |  | $ | 18,950 |  |  | $ | 92,836 |
(1) Amounts represent reported carrying amounts of our foreign currency-denominated debt. Refer to “Note 18. Fair Value Measurements” for information regarding the fair value of our long-term debt.

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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 182 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480401/815-10-55-182 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B + Details
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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References No definition available. + Details
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