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Derivative Instruments (Tables) | 12 Months Ended
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Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Notional Amounts of Outstanding Derivative Positions | The Company had the following outstanding forward contracts (in thousands):
| December 31, 2021 |  | December 31, 2020
Currency | Notional Value | USD Equivalent |  | Notional Value | USD Equivalent
Derivatives Not Designated as Hedging Instruments:
Euro | 65,000 |  | $ | 73,748 |  |  | 50,000 |  | $ | 61,342 |
Chinese Renminbi | 54,374 |  | 8,500 |  |  | — |  | — |
Mexican Peso | 140,000 |  | 6,842 |  |  | 155,000 |  | 7,776 |
Japanese Yen | 600,000 |  | 5,213 |  |  | 600,000 |  | 5,808 |
British Pound | 3,370 |  | 4,552 |  |  | 1,675 |  | 2,287 |
Hungarian Forint | 1,355,000 |  | 4,155 |  |  | 1,330,000 |  | 4,494 |
Canadian Dollar | 1,480 |  | 1,167 |  |  | 1,285 |  | 1,010 |
Korean Won | — |  | — |  |  | 6,925,000 |  | 6,377 |
Taiwanese Dollar | — |  | — |  |  | 38,035 |  | 1,362 |
Singapore Dollar | — |  | — |  |  | 1,465 |  | 1,110 |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | Information regarding the fair value of the outstanding forward contracts was as follows (in thousands):
| Asset Derivatives |  | Liability Derivatives
| Balance Sheet Location |  | Fair Value |  | Balance Sheet Location |  | Fair Value
|  | December 31, 2021 |  | December 31, 2020 |  |  | December 31, 2021 |  | December 31, 2020
Derivatives Not Designated as Hedging Instruments:
Economic hedge forward contracts | Prepaid expenses and other current assets |  | $ | 39 |  |  | $ | 265 |  |  | Accrued expenses |  | $ | 230 |  |  | $ | 38 |
Offsetting Assets | The following table summarizes the gross activity for all derivative assets and liabilities which were presented on a net basis on the Consolidated Balance Sheets due to the right of offset with each counterparty (in thousands):
Asset Derivatives |  | Liability Derivatives
|  | December 31, 2021 |  | December 31, 2020 |  |  |  | December 31, 2021 |  | December 31, 2020
Gross amounts of recognized assets |  | $ | 39 |  |  | $ | 265 |  |  | Gross amounts of recognized liabilities |  | $ | 230 |  |  | $ | 38 |
Gross amounts offset |  | — |  |  | — |  |  | Gross amounts offset |  | — |  |  | — |
Net amount of assets presented |  | $ | 39 |  |  | $ | 265 |  |  | Net amount of liabilities presented |  | $ | 230 |  |  | $ | 38 |
Derivative Instruments, Gain (Loss) | Information regarding the effect of derivative instruments, net of the underlying exposure, on the consolidated financial statements was as follows (in thousands):
| Location in Financial Statements |  | Year Ended December 31,
2021 |  | 2020 |  | 2019
Derivatives Not Designated as Hedging Instruments:
Gains (losses) recognized in current operations | Foreign currency gain (loss) |  | $ | 4,262 |  |  | $ | (12,308) |  |  | $ | 1,305 |
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) |
| Location in Financial Statements |  | Year Ended December 31,
2021 |  | 2020 |  | 2019
Derivatives Not Designated as Hedging Instruments:
Gains (losses) recognized in current operations | Foreign currency gain (loss) |  | $ | 4,262 |  |  | $ | (12,308) |  |  | $ | 1,305 |

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