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Other Income (Expense)
3 Months Ended
Mar. 31, 2022
Other Income and Expenses [Abstract]  
Other Income (Expense) Other Income (Expense)
Other income (expense), net consisted of the following: 
Three Months Ended March 31,
(In thousands)20222021
Net gain (loss) on foreign currency exchange contracts (1)
$915 $1,161 
Net gain (loss) on foreign currency exchange transactions(578)(1,270)
Other income (expense)23 132 
Other income (expense), net$360 $23 

(1)This represents the gains (losses) incurred on foreign currency hedging derivatives (see Note 18 for further details).