XML 67 R50.htm IDEA: XBRL DOCUMENT v3.25.0.1
Derivatives (Tables)
12 Months Ended
Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Total Net Fair Value of Derivatives
The following table sets forth the total net fair value of derivatives:
 December 31, 2024December 31, 2023
Fair Value Measurement UsingTotal BalanceFair Value Measurement UsingTotal Balance
(In thousands)Level 1Level 2Level 3Level 1Level 2Level 3
Foreign currency exchange contracts$— $(249)$— $(249)$— $(83)$— $(83)
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, 2024USD/CNYCNY$28.0 7.2316 $(406)January 10, 2025
December 31, 2024USD/EURUSD$8.0 1.0569 $157 January 10, 2025
December 31, 2023USD/CNYCNY$20.0 7.1181 $(18)January 5, 2024
December 31, 2023USD/EURUSD$22.0 1.1009 $(65)January 5, 2024
(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.