XML 45 R40.htm IDEA: XBRL DOCUMENT

Hedging (Tables)

6 Months Ended

Jun. 30, 2024

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, 2024 and December 31, 2023 were as follows:


(In thousands)		Balance Sheet Location		June 30, 2024				December 31, 2023
Derivatives Not Designated as Hedging Instruments (Level 2):
Foreign exchange contracts – derivative assets		Other receivables		$	2,700			$	7,125
Foreign exchange contracts – derivative liabilities		Accounts payable		$	(80	)		$	(2,277	)
Total derivatives				$	2,620			$	4,848

The change in the fair values of the Company's derivative instruments recorded in the Condensed Consolidated Statements of Loss during the three and six months ended June 30, 2024 and 2023 were as follows:


				Three Months Ended								Six Months Ended
				June 30,								June 30,
(In thousands)		Income Statement Location		2024				2023				2024				2023
Derivatives Not Designated as Hedging Instruments:
Foreign exchange contracts		Other (expense) income, net		$	(735	)		$	158			$	31			$	89