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Derivatives
6 Months Ended
Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivatives Derivatives
The following table sets forth the total net fair value of derivatives:
 June 30, 2022December 31, 2021
Fair Value Measurement UsingTotal BalanceFair Value Measurement UsingTotal Balance
(In thousands)Level 1Level 2Level 3Level 1Level 2Level 3
Foreign currency exchange contracts$— $81 $— $81 $— $(92)$— $(92)

We held foreign currency exchange contracts, which resulted in a net pre-tax gain of $0.2 million and $0.3 million for the three months ended June 30, 2022 and 2021, respectively. For the six months ended June 30, 2022 and 2021, we had a net pre-tax gain of $1.1 million and $1.5 million, respectively.

Details of foreign currency exchange contracts held were as follows:
Date HeldCurrencyPosition HeldNotional Value
(in millions)
Forward Rate
Unrealized Gain/(Loss) Recorded at Balance Sheet
Date
(in thousands)(1)
Settlement Date
June 30, 2022USD/EuroUSD$23.0 1.0550 $116 July 29, 2022
June 30, 2022USD/Chinese Yuan RenminbiCNY$33.0 6.6889 $(35)July 29, 2022
December 31, 2021USD/Chinese Yuan RenminbiCNY$19.0 6.3777 $38 January 7, 2022
December 31, 2021USD/EuroUSD$31.0 1.1336 $(130)January 7, 2022
(1)Unrealized gains on foreign currency exchange contracts are recorded in prepaid expenses and other current assets. Unrealized losses on foreign currency exchange contracts are recorded in other accrued liabilities.