DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2025

DERIVATIVE FINANCIAL INSTRUMENTS

Schedule of fair value of the company's derivative financial instruments as well as classification on the consolidated balance sheets

The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the consolidated balance sheets as of December 31, 2025 and 2024 (in thousands):

		Asset Derivatives
		Fair value as of:
Derivatives designated as	Balance Sheet	December 31,		December 31,
hedging instruments	Location	2025		2024
Foreign currency contracts	Prepaid expenses and other assets	$	7	$	—
Interest rate swaps	Prepaid expenses and other assets	$	619	$	—
Interest rate swaps	Other long-term assets	$	—	$	2,575
		$	626	$	2,575
		Liability Derivatives
		Fair value as of:
Derivatives designated as	Balance Sheet	December 31,		December 31,
hedging instruments	Location	2025		2024
Foreign currency contracts	Accrued liabilities	$	98	$	137
Interest rate products	Accrued liabilities		39		—
		$	137	$	137

Schedule of effect of cash flow hedge accounting on other comprehensive (loss) income (OCI)

The table below presents the effect of cash flow hedge accounting on other comprehensive (loss) income (OCI) for the years ended December 31, 2025, 2024, and 2023 (in thousands):

	Amount of pre-tax gain (loss) recognized in OCI
	on derivatives
Derivatives in cash flow hedging relationships	Year ended December 31,
	2025		2024		2023
Interest rate swaps	$	(520)	$	2,284	$	935

Location of gain reclassified	Amount of pre-tax gain reclassified from accumulated OCI into income
from accumulated OCI into income	Year ended December 31,
	2025		2024		2023
Interest expense	$	1,451	$	4,193	$	3,814

Schedule of effect of the Company's derivative financial instruments on the consolidated statements of income and comprehensive income

The table below presents the effect of the Company’s derivative financial instruments on the consolidated statements of income and comprehensive income for the years ended December 31, 2025, 2024, and 2023 (in thousands):

		Total amounts of income and expense line items presented
		that reflect the effects of cash flow hedges recorded
		Year ended December 31,
Derivatives designated as hedging instruments	Income Statement Location	2025		2024		2023
Interest rate swaps	Interest Expense	$	13,175	$	13,296	$	12,383