XML 53 R44.htm IDEA: XBRL DOCUMENT

Hedging (Tables)

6 Months Ended

Jun. 30, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Values of Derivative Instruments

The fair values of the Company's derivative instruments recorded in the Condensed Consolidated Balance Sheet as of June 30, 2023 and December 31, 2022 were as follows:


(In thousands)		Balance Sheet Location		June 30, 2023				December 31, 2022
Derivatives Not Designated as Hedging Instruments (Level 2):
Foreign exchange contracts – derivative assets		Other receivables		$	10,467			$	11,992
Foreign exchange contracts – derivative liabilities		Accounts payable		$	(2,378	)		$	(633	)
Total derivatives				$	8,089			$	11,359

The change in the fair values of the Company's derivative instruments recorded in the Condensed Consolidated Statements of (Loss) Income during the three and six months ended June 30, 2023 and 2022 were as follows:


				Three Months Ended								Six Months Ended
				June 30,								June 30,
(In thousands)		Income Statement Location		2023				2022				2023				2022
Derivatives Not Designated as Hedging Instruments:
Foreign exchange contracts		Other income, net		$	158			$	—			$	89			$	—