Derivatives and Hedging (Tables)

12 Months Ended

Dec. 31, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of fair values of derivatives designated as hedging instruments under ASC 815

The fair values of derivatives designated as hedging instruments follows:

	Asset Derivatives					Liability Derivatives
(in thousands)	Balance Sheet Location	December 31, 2021		December 31, 2020		Balance Sheet Location	December 31, 2021		December 31, 2020
Foreign currency contracts	Other current assets	$	6,947	$	20,004	Other accrued liabilities	$	19	$	4
Commodity contracts	Other current assets	—		—		Other accrued liabilities	—		—
Foreign currency contracts	Other assets	2,990		2,184		Noncurrent liabilities	26		25
Total		$	9,937	$	22,188		$	45	$	29

Schedule of derivative instrument gain (loss)

The after-tax amount of gain (loss) recognized in OCI and reclassified from AOCI into earnings associated with derivative instruments designated as cash flow hedges follows:

	After-Tax Amount of Gain (Loss) Recognized in OCI							After-Tax Amount of Gain (Loss) Reclassified from AOCI into Earnings
Cash Flow Hedges (in thousands)	2021		2020		2019		Location of Gain (Loss)	2021		2020		2019
Foreign currency contracts	$	10,752	$	19,608	$	1,043	Cost of revenue	$	20,212	$	2,382	$	(1,041)
Commodity contracts	—		(107)		460		Cost of revenue	—		(100)		453
Interest rate contracts	—		—		—		Interest expense	(114)		(1,678)		(1,049)
Total	$	10,752	$	19,501	$	1,503		$	20,098	$	604	$	(1,637)