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Derivatives (Tables) | 3 Months Ended
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Mar. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | The fair value of derivative instruments on a gross basis was as follows on the dates indicated (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Fair Value of Derivative Instruments Designated as Hedging Instruments |  | Balance Sheet Location |  | March 31, 2025 |  | December 31, 2024
Assets |  |  |  | ​ |  |  | ​ |
Foreign currency forward contracts |  | Prepaid expenses and other assets | ​ | $ | 2,120 | ​ | $ | 3,771
Foreign currency forward contracts |  | Other assets (long-term) | ​ | ​ | 526 | ​ |  | 1,064
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(Liabilities) |  |  | ​ |  |  | ​ |  |
Foreign currency forward contracts |  | Accrued expenses | ​ |  | (1,533) | ​ |  | (1,332)
Foreign currency forward contracts |  | Other long-term obligations | ​ |  | (427) | ​ |  | (287)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Fair Value of Derivative Instruments Not Designated as Hedging Instruments |  | Balance Sheet Location |  | March 31, 2025 |  | December 31, 2024
Assets |  |  | ​ |  |  | ​ |  |
Foreign currency forward contracts |  | Prepaid expenses and other assets | ​ | $ | 1,839 | ​ | $ | 2,595
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(Liabilities) |  |  | ​ |  |  | ​ |  |
Foreign currency forward contracts |  | Accrued expenses | ​ |  | (877) | ​ |  | (1,288)
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) | Derivative instruments designated as cash flow hedges had the following effects, before income taxes, on other comprehensive income (“OCI”), accumulated other comprehensive income (“AOCI”), and net earnings in our consolidated statements of income, consolidated statements of comprehensive income and consolidated balance sheets (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Amount of Gain/(Loss) | ​ | ​ | ​ | Consolidated Statements | ​ | Amount of Gain/(Loss)
​ | ​ | Recognized in OCI | ​ | ​ | ​ | of Income | ​ | Reclassified from AOCI
​ | ​ | Three Months Ended March 31, |  | ​ |  | Three Months Ended March 31, | ​ | Three Months Ended March 31,
Derivative instrument |  | 2025 |  | 2024 |  | Location in statements of income |  | 2025 |  |  | 2024 |  | 2025 |  |  | 2024
Interest rate swap | ​ | $ | — | ​ | $ | 348 | ​ | Interest expense | ​ | $ | (6,568) | ​ | $ | (8,046) | ​ | $ | — | ​ | $ | 702
Foreign currency forward contracts | ​ |  | (1,897) | ​ |  | 4,166 | ​ | Revenue | ​ |  | 355,351 | ​ |  | 323,508 | ​ |  | 1,021 | ​ |  | 413
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Cost of sales | ​ |  | (183,331) | ​ |  | (171,793) | ​ |  | (532) | ​ |  | 427
Derivative Instruments, Gain (Loss) | The following gains/(losses) from these derivative instruments were recognized in our consolidated statements of income for the periods presented (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Three Months Ended March 31,
Derivative Instrument |  | Location in statements of income |  | 2025 |  | 2024
Foreign currency forward contracts |  | Other income (expense) — net | ​ | $ | (158) | ​ | $ | 883
​

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- Definition 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. + References Reference 1: 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 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A + Details
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