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DERIVATIVE INSTRUMENTS AND HEDGING STRATEGIES (Tables) | 12 Months Ended
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Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Aggregate Notional Amounts Outstanding | The following table summarizes the aggregate notional amounts for the Company’s derivatives outstanding as of the periods presented.
Forward Contracts | December 31, 2023 |  | December 31, 2022
Derivatives designated as hedging instruments: |  |  |
Sell | $ | 1,249,662 |  |  | $ | 808,635 |
Purchase | $ | 198,408 |  |  | $ | 177,393 |
Derivatives not designated as hedging instruments: |  |  |
Sell | $ | 350,269 |  |  | $ | 218,903 |
Purchase | $ | 90,102 |  |  | $ | 6,785 |
Schedule of Fair Value Carrying Amount of Derivative Instruments | The fair value carrying amounts of the Company’s derivatives, as classified within the fair value hierarchy, were as follows:
Balance Sheet Location | December 31, 2023 |  | December 31, 2022
Derivatives designated as hedging instruments: |  |  |
Asset Derivatives - Level 2 (1) |  |  |
Other current assets | $ | 6,663 |  |  | $ | 19,464 |
Other assets | 1,855 |  |  | 2,059 |
Subtotal | $ | 8,518 |  |  | $ | 21,523 |
Liability Derivatives - Level 2 (1) |  |  |
Accounts payable and accrued liabilities | $ | 30,005 |  |  | $ | 12,130 |
Other long-term liabilities | 8,171 |  |  | 1,074 |
Subtotal | $ | 38,176 |  |  | $ | 13,204 |
Derivatives not designated as hedging instruments: |  |  |
Asset Derivatives - Level 2 (1) |  |  |
Other current assets | $ | 547 |  |  | $ | 1,472 |
Liability Derivatives - Level 2 (1) |  |  |
Accounts payable and accrued liabilities | $ | 3,848 |  |  | $ | 471 |
Total Derivatives Assets | $ | 9,065 |  |  | $ | 22,995 |
Total Derivatives Liabilities | $ | 42,024 |  |  | $ | 13,675 |
(1) Refer to Note 1 to these Consolidated Financial Statements for additional information related to the Company’s fair value measurements.
Schedule of Impact of Gains and Losses from Consolidated Statements of Operations | The following tables summarize the impact of gains and losses from the Company's derivatives on its Consolidated Statements of Operations for the periods presented.
|  | Years Ended December 31,
|  | 2023 |  |  | 2022
Derivatives Designated as Cash Flow Hedging Instruments |  |  | Cash Flow Hedging Gains (Losses) Reclassified into Earnings |  |  |  | Cash Flow Hedging Gains (Losses) Reclassified into Earnings
Net product revenues |  |  | $ | (186) |  |  |  |  | $ | 48,541 |
Operating expenses |  |  | $ | 350 |  |  |  |  | $ | (11,917) |
Derivatives Not Designated as Hedging Instruments |  |  | Gains (Losses) Recognized in Earnings |  |  |  | Gains (Losses) Recognized in Earnings
Operating expenses |  |  | $ | (8,808) |  |  |  |  | $ | 872 |

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