XML 85 R59.htm IDEA: XBRL DOCUMENT v3.25.0.1
Hedging Activities (Tables)
 12 Months Ended
Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions
Open foreign exchange forward contracts as of December 31, 2024 were entered into as hedges of Japanese yen and Mexican peso against the U.S. dollar and had the following notional U.S. dollar values:
CurrencyDecember 31,
2024
Mexican Peso$17,800 
Japanese Yen4,500 
  Total$22,300 
Schedule of Balance Sheet Classification and Fair Values of Derivative Instruments The balance sheet classification and fair values of the Company’s derivative instruments are as follows:
Derivative instrumentsConsolidated Balance Sheet LocationDecember 31,
20242023
Interest rate swapsOther non-current assets$1,621 $1,828 
Foreign currency forward contractsOther accrued liabilities67 159 
The following table presents the net unrealized loss deferred to AOCI:
December 31,
20242023
Derivatives designated as cash flow hedges
Interest rate swapsAOCI$1,248 $1,407 
The following table presents the net gain or loss recognized in the Company’s Consolidated Statements of Operations for the years ended December 31, 2024, 2023 and 2022:
Derivative instrumentsConsolidated Statements of Operations Location202420232022
Interest rate swapsInterest expense, net $4,770 $3,555 $— 
Foreign exchange forward contractsOther (expense) income, net(2,026)2,134 — 
Total$2,744 $5,689 $—