DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Values of Derivative Assets and Liabilities

The fair values of derivative assets and liabilities, net, all of which are classified as Level 2, reported within either ‘Prepaid expenses and other assets’ or ‘Accrued expenses and other liabilities’ in the condensed consolidated balance sheets, were:

	June 30, 2025				December 31, 2024
	Derivative Assets		Derivative Liabilities		Derivative Assets		Derivative Liabilities
	(in thousands)
Non-hedged derivatives:
Forward foreign currency exchange contracts	$	804	$	(1,082)	$	2,691	$	(3,433)
Hedged derivatives:
Cash flow foreign currency contracts	92		(265)		1,242		(856)
Total derivatives	896		(1,347)		3,933		(4,289)
Netting of counterparty contracts	(676)		676		(2,762)		2,762
Total derivatives, net of counterparty contracts	$	220	$	(671)	$	1,171	$	(1,527)

Schedule of Derivative Financial Instruments Notional Amounts on Outstanding Positions

The notional amounts of outstanding foreign currency forward exchange contracts presented below report the total U.S. Dollar equivalent position and the net contract fair values for each foreign currency position.

	June 30, 2025				December 31, 2024
	Notional		Fair Value		Notional		Fair Value
	(in thousands)
Non-hedged derivatives
Euro	$	7,855	$	(171)	$	49,833	$	(1,303)
Singapore Dollar	22,506		493		31,524		(1,251)
British Pound Sterling	1,339		35		28,223		536
South Korean Won	18,295		(836)		9,274		655
Japanese Yen	7,516		220		5,510		289
Indian Rupee	2,493		3		494		8
Other currencies	8,990		(21)		24,613		324
Total non-hedged derivatives	68,994		(277)		149,471		(742)
Hedged derivatives:
Chinese Yuan	8,952		(13)		40,458		(553)
British Pound Sterling	5,351		92		23,678		(303)
Euro	2,207		(236)		17,246		628
South Korean Won	641		(17)		8,790		614
Total hedged derivatives	17,151		(174)		90,172		386
Total derivatives	$	86,145	$	(451)	$	239,643	$	(356)
Latest maturity date, non-hedged derivatives	July 2025				January 2025
Latest maturity date, hedged derivatives	October 2025				October 2025

Schedule of Gain (Losses) from Foreign Currency Transactions and Derivative Contracts

Amounts reported in ‘Foreign currency gains (losses), net’ in the condensed consolidated statements of operations include both realized and unrealized gains (losses) from foreign currency transactions and derivative contracts and were:

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
	(in thousands)
Foreign currency transaction gains (losses)	$	612	$	(1,513)	$	5,361	$	(2,933)
Foreign currency forward exchange contracts gains (losses)	(178)		190		(54)		(663)
Foreign currency gains (losses), net	$	434	$	(1,323)	$	5,307	$	(3,596)