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Derivative financial instruments (Tables) | 9 Months Ended
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Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of derivative instruments | The following table summarizes the notional values related to the Company’s derivative instruments outstanding at September 30, 2025 (in thousands):
| September 30, 2025 |
Interest rate swaps | $ | 44,832 |
Foreign currency hedges | € | 6,376 |
Schedule of fair value of the Company's derivative instruments designated as hedging instruments | The following table presents the fair value of each classification of the Company’s derivative instruments as of September 30, 2025 and December 31, 2024 (in thousands):
| September 30, 2025 |  |  | December 31, 2024 |
Derivatives designated as hedging instruments |  |  |  |  |
Cash flow hedges |  |  |  |  |
Current assets | $ | 550 |  |  | $ | 1,070 |
Non-current assets |  | 236 |  |  |  | 1,267 |
Total designated as hedging instruments | $ | 786 |  |  | $ | 2,337 |
Derivatives not designated as hedging instruments |  |  |  |  |
Current assets | $ | 4,206 |  |  | $ | 4,063 |
Non-current assets |  | 14,575 |  |  |  | 7,205 |
Current liabilities |  | (4,206 | ) |  |  | (4,063 | )
Non-current liabilities |  | (14,575 | ) |  |  | (7,205 | )
Total not designated as hedging instruments | $ | — |  |  | $ | — |
Total current position | $ | 550 |  |  | $ | 1,070 |
Total non-current position |  | 236 |  |  |  | 1,267 |
Total derivatives | $ | 786 |  |  | $ | 2,337 |
Schedule of gains and losses from the Company's derivative instruments designated in a cash flow hedging | The following tables present the gains and losses from the Company’s derivative instruments designated in a cash flow hedging relationship recognized in the consolidated statements of income and comprehensive income for the three and nine months ended September 30, 2025 and 2024 (in thousands):
Derivatives Designated in |  |  |  | Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives |
Cash Flow Hedging |  |  |  | For the three months ended September 30, |  |  | For the nine months ended September 30, |
Relationship |  |  |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Interest rate swaps |  |  |  | $ | (253 | ) |  | $ | (4,168 | ) |  | $ | (783 | ) |  | $ | 1,085 |
Derivatives Designated in |  | Location of Gain (Loss) Reclassified from |  | Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income |
Cash Flow Hedging |  | Accumulated Other Comprehensive |  | For the three months ended September 30, |  |  | For the nine months ended September 30, |
Relationship |  | Income into Income |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Interest rate swaps |  | Interest expense |  | $ | 156 |  |  | $ | 1,059 |  |  | $ | 768 |  |  | $ | 3,149 |

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- Definition Tabular disclosure for cash flow hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -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://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -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 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 4CC -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4CC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 5: 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 + 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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