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Derivatives
 12 Months Ended
Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivatives Derivatives
The following table sets forth the total net fair value of derivatives:
 December 31, 2023December 31, 2022
Fair Value Measurement UsingTotal BalanceFair Value Measurement UsingTotal Balance
(In thousands)Level 1Level 2Level 3Level 1Level 2Level 3
Foreign currency exchange contracts$— $(83)$— $(83)$— $100 $— $100 

We held foreign currency exchange contracts which resulted in a net pre-tax loss of $3.2 million, a net pre-tax loss of $1.3 million, and a net pre-tax gain of $2.9 million for the years ended December 31, 2023, 2022 and 2021, respectively. See Note 17 for further information concerning our foreign currency exchange contracts.

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
December 31, 2023USD/Chinese Yuan RenminbiCNY$20.0 7.1181$(18)January 5, 2024
December 31, 2023USD/EuroUSD$22.0 1.1009$(65)January 5, 2024
December 31, 2022USD/EuroUSD$26.0 1.0529$(428)January 6, 2023
December 31, 2022USD/Chinese Yuan RenminbiCNY$31.0 7.0358$528 January 6, 2023
(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.