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Note 10. Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The following tables present the fair values of derivative instruments included in our consolidated balance sheets as of December 31, 2024 and 2023 (in thousands):

						December 31, 2024
						Other Current Assets												Other Current Liabilities
Derivatives designated as hedging instruments:
Commodity swap contracts						$	—											$	35
Total derivatives designated as hedging instruments						$	—											$	35
Derivatives not designated as hedging instruments:
Foreign exchange forward contracts						$	13,452											$	18,584
Total derivatives not designated as hedging instruments						$	13,452											$	18,584
Total derivative instruments						$	13,452											$	18,619

						December 31, 2023
						Other Current Assets												Other Current Liabilities
Derivatives designated as hedging instruments:
Commodity swap contracts						$	—											$	344
Total derivatives designated as hedging instruments						$	—											$	344
Derivatives not designated as hedging instruments:
Foreign exchange forward contracts						$	1,778											$	1,400
Total derivatives not designated as hedging instruments						$	1,778											$	1,400
Total derivative instruments						$	1,778											$	1,744

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]

The following table presents the pretax amounts related to derivative instruments designated as cash flow hedges affecting accumulated other comprehensive income (loss) and our consolidated statements of operations for the years ended December 31, 2024, 2023, and 2022 (in thousands):

						Foreign Exchange Forward Contracts						Commodity Swap Contracts						Total
Balance as of December 31, 2021						$	1,126					$	—					$	1,126
Amounts recognized in other comprehensive income (loss)						545						(8,101)						(7,556)
Amount reclassified to cost of sales						(1,671)						859						(812)
Balance as of December 31, 2022						—						(7,242)						(7,242)
Amounts recognized in other comprehensive income (loss)						—						(977)						(977)
Amount reclassified to cost of sales						—						6,726						6,726
Balance as of December 31, 2023						—						(1,493)						(1,493)
Amounts recognized in other comprehensive income (loss)						—						(1,196)						(1,196)
Amount reclassified to cost of sales						—						2,323						2,323
Balance as of December 31, 2024						$	—					$	(366)					$	(366)

Derivative Instruments, Gain (Loss) [Table Text Block]

The following table presents the effect of derivative instruments not designated as hedges on our consolidated statements of operations for the years ended December 31, 2024, 2023, and 2022 (in thousands):

												Amount of Gain (Loss) Recognized in Income Statement
						Income Statement Line Item						2024						2023						2022
Foreign exchange forward contracts						Foreign currency loss, net						$	(6,645)					$	(8,406)					$	75,421
Foreign exchange forward contracts						Cost of sales						—						—						583

Schedule of Notional Value of Foreign Exchange Forward Derivatives [Table Text Block]

As of December 31, 2024 and 2023, the notional values of our foreign exchange forward contracts that do not qualify for hedge accounting were as follows (notional amounts and U.S. dollar equivalents in millions):

December 31, 2024

Transaction

Currency

Notional Amount

USD Equivalent

Sell

Canadian dollar

CAD 4.2

$2.9

Purchase

Euro

€181.6

$189.4

Sell

Euro

€55.1

$57.5

Purchase

Indian rupee

INR 1,485.0

$17.4

Sell

Indian rupee

INR 66,934.0

$783.9

Purchase

Japanese yen

¥3,442.2

$21.8

Sell

Japanese yen

¥3,761.5

$23.8

Purchase

Malaysian ringgit

MYR 217.1

$48.5

Sell

Malaysian ringgit

MYR 29.5

$6.6

Sell

Mexican peso

MXN 34.6

$1.7

Purchase

Singapore dollar

SGD 14.1

$10.4

Sell

Singapore dollar

SGD 19.7

$14.5

December 31, 2023

Transaction

Currency

Notional Amount

USD Equivalent

Sell

Canadian dollar

CAD 4.2

$3.2

Sell

Chilean peso

CLP 1,372.6

$1.6

Purchase

Euro

€98.3

$108.7

Sell

Euro

€14.1

$15.6

Sell

Indian rupee

INR 62,967.4

$756.9

Purchase

Japanese yen

¥1,053.6

$7.5

Sell

Japanese yen

¥705.2

$5.0

Purchase

Malaysian ringgit

MYR 160.7

$35.0

Sell

Mexican peso

MXN 34.6

$2.0

Purchase

Singapore dollar

SGD 6.5

$4.9

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Tabular disclosure of the effective portion of the gains and losses on derivative instruments designated (and non-derivative instruments) designated and qualifying in cash flow hedges and net investment hedges that was recognized in other comprehensive income (loss) during the current period.

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Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

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