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Other Income (Expense), Net
3 Months Ended
Mar. 31, 2021
Other Income and Expenses [Abstract]  
Other Income (Expense), Net Other Income (Expense), Net
Other income (expense), net consisted of the following: 
Three Months Ended March 31,
(In thousands)20212020
Net gain (loss) on foreign currency exchange contracts (1)
$1,161 $252 
Net gain (loss) on foreign currency exchange transactions(1,270)(548)
Other income (expense)132 (52)
Other income (expense), net$23 $(348)

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