DERIVATIVES (Tables)

3 Months Ended

Mar. 31, 2025

DERIVATIVES

Schedule of fair values of derivative instruments on the Company's Consolidated Balance Sheets

	March 31, 2025								December 31, 2024
	Other		Other						Other		Other
	Current		Current		Other		Other		Current		Current		Other		Other
Derivatives by hedge designation	Assets		Liabilities		Assets		Liabilities		Assets		Liabilities		Assets		Liabilities
Designated as hedging instruments:
Foreign exchange contracts	$	1,131	$	822	$	—	$	—	$	1,663	$	2,972	$	—	$	—
Net investment contracts		—		8,479		—		—		10,276		—		—		—
Not designated as hedging instruments:
Foreign exchange contracts		893		1,330		—		—		1,560		4,251		—		—
Total derivatives	$	2,024	$	10,631	$	—	$	—	$	13,499	$	7,223	$	—	$	—

Schedule of effects of undesignated derivative instruments on the Company's Consolidated Statements of Income

		Three Months Ended March 31,
Derivatives by hedge designation	Classification of gain (loss)	2025		2024
Not designated as hedges:
Foreign exchange contracts	Selling, general & administrative expenses	$	8,333	$	(1,615)

Schedule of effects of designated cash flow hedges on AOCI and the entity's Consolidated Statements of Income

Total gain (loss) recognized in AOCI, net of tax	March 31, 2025		December 31, 2024
Foreign exchange contracts	$	394	$	(812)
Forward starting swap agreements		17,690		18,067
Net investment contracts		13,583		20,403

		Three Months Ended March 31,
	(Loss) gain recognized in the
Derivative type	Consolidated Statements of Income:	2025		2024
Foreign exchange contracts	Sales	$	(713)	$	839
	Cost of goods sold		361		232
Commodity contracts	Cost of goods sold		—		2
Forward starting swap agreements	Interest expense, net		689		—