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Financial Instruments and Risk Management (Tables) | 12 Months Ended
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Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Gross Notional Amount of Outstanding Derivatives | The following table presents the gross notional amount of outstanding derivative instruments:
|  | As of December 31,
(in thousands) |  | 2025 |  | 2024 |  |
Derivative instruments designated as cash flow hedges: |  |  |  |  |  |
Currency forward contracts |  | $ | 808,875 |  |  | $ | 550,591 |  |  |
Derivative instruments not designated as hedges: |  |  |  |  |  |
Currency forward contracts |  | $ | 261,805 |  |  | $ | 263,103 |  |  |
Balance Sheet Classification and Fair Value of Derivative Instruments | The following table presents the balance sheet classification and fair value of derivative instruments:
|  |  | As of December 31,
(in thousands) | Balance Sheet Classification |  | 2025 |  | 2024 |  |
Derivative instruments designated as cash flow hedges: |  |  |  |  |  |  |
Derivative instruments in asset positions: |  |  |  |  |  |  |
Currency forward contracts | Prepaid expenses and other current assets |  | $ | 5,895 |  |  | $ | 20,890 |  |  |
Currency forward contracts | Other non-current assets |  | $ | 2,788 |  |  | $ | 9,137 |  |  |
Derivative instruments in liability positions: |  |  |  |  |  |  |
Currency forward contracts | Accrued liabilities |  | $ | 9,119 |  |  | $ | 853 |  |  |
Currency forward contracts | Other long-term liabilities |  | $ | 5,732 |  |  | $ | 13 |  |  |
Derivative instruments not designated as cash flow hedges: |  |  |  |  |  |  |
Derivative instruments in asset positions: |  |  |  |  |  |  |
Currency forward contracts | Prepaid expenses and other current assets |  | $ | 1,144 |  |  | $ | 3,739 |  |  |
Derivative instruments in liability positions: |  |  |  |  |  |  |
Currency forward contracts | Accrued liabilities |  | $ | 676 |  |  | $ | 872 |  |  |
Effect and Classification of Derivative Instruments | The following table presents the statement of operations effect and classification of derivative instruments:
| Statement Of Operations Classification |  |  |  | Year Ended December 31,
(in thousands) |  |  |  |  |  | 2025 |  | 2024 |  | 2023
Currency forward contracts: |  |  |  |  |  |  |  |  |  |  |
Derivative instruments designated as cash flow hedges: |  |  |  |  |  |  |  |  |  |  |
Gain (loss) recognized in other comprehensive loss, net of tax | — |  |  |  |  |  | $ | (20,081) |  |  | $ | 31,252 |  |  | $ | (849) |
Gain (loss) reclassified from accumulated other comprehensive loss to net income for the effective portion | Net sales |  |  |  |  |  | $ | 332 |  |  | $ | (1,655) |  |  | $ | 60 |
Gain reclassified from accumulated other comprehensive loss to net income for the effective portion | Cost of sales |  |  |  |  |  | $ | 9,779 |  |  | $ | 17,688 |  |  | $ | 23,307 |
Gain reclassified from accumulated other comprehensive loss to net income as a result of cash flow hedge discontinuance | Other non-operating income (expense), net |  |  |  |  |  | $ | 186 |  |  | $ | 130 |  |  | $ | 521 |
Derivative instruments not designated as cash flow hedges: |  |  |  |  |  |  |  |  |  |  |
Gain (loss) recognized in net income | Other non-operating income (expense), net |  |  |  |  |  | $ | 1,385 |  |  | $ | 5,824 |  |  | $ | (1,822) |

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