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Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions The following table presents the notional contract amounts for forward contracts outstanding:
As of
FASB ASC Topic 815 DesignationDecember 31, 2022December 31, 2021
Forward exchange contractsCash flow hedge$198,473 $172,894 
Forward exchange contractsNon-designated81,929 38,897 
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
Foreign exchange contracts designated as cash flow hedges had the following effects on accumulated other comprehensive income (loss) ("AOCI") and net earnings on our consolidated statements of comprehensive income (loss) and our consolidated balance sheets:

Amount of Gain (Loss) Recognized in AOCIConsolidated Statements of Comprehensive Income (Loss)Amount of Gain (Loss) Reclassified from AOCI
Years EndedTotal Amount of Line Item PresentedYears Ended
Derivative Instrument202220212020Location of amount reclassified202220212020202220212020
Foreign exchange contracts$14,494 $8,650 $(7,111)Net Sales$1,045,472 $1,010,635 $862,459 $15,085 $(5,421)$1,997 
  Cost of Sales474,227 442,599 402,159 939 1,411 (619)
Pre-tax gain (loss)$14,494 $8,650 $(7,111)$16,024 $(4,010)$1,378 
Tax expense (benefit)3,513 2,090 (1,718)3,884 (969)333 
Net gain (loss)$10,981 $6,560 $(5,393)$12,140 $(3,041)$1,045 
Derivatives Not Designated as Hedging Instruments
Net gains and losses from derivative instruments not accounted for as hedges offset by gains and losses on our intercompany receivables on our consolidated statements of comprehensive income (loss) were:

Years Ended
Derivative InstrumentLocation on Consolidated Statements of Comprehensive Income (Loss)202220212020
 
Net loss on currency forward contractsSelling and administrative expense$(240)$(451)$(2,269)
Net gain (loss) on currency transaction exposuresSelling and administrative expense$(1,950)$(1,832)$646 
Schedule of Fair Value for Forward Foreign Exchange Contracts
We record these forward foreign exchange contracts at fair value. The following tables summarize the fair value for forward foreign exchange contracts outstanding at December 31, 2022 and 2021:

December 31, 2022Location on Consolidated Balance SheetAsset Fair
Value
Liabilities Fair
Value
Net
 Fair
Value
Derivatives designated as hedging instruments:   
Foreign exchange contractsPrepaid expenses and other current assets$6,757 $(3,121)$3,636 
Foreign exchange contractsOther long-term liabilities60 (400)(340)
$6,817 $(3,521)$3,296 
Derivatives not designated as hedging instruments:   
Foreign exchange contractsOther current liabilities48 (395)(347)
Total derivatives$6,865 $(3,916)$2,949 

December 31, 2021Location on Consolidated Balance SheetAsset Fair
Value
Liabilities Fair
Value
Net
 Fair
Value
Derivatives designated as hedging instruments:  
Foreign exchange contractsPrepaid expenses and other current assets$5,331 $(430)$4,901 
Foreign exchange contractsOther long-term liabilities82 (161)(79)
$5,413 $(591)$4,822 
Derivatives not designated as hedging instruments:  
Foreign exchange contractsOther current liabilities38 (180)(142)
Total derivatives$5,451 $(771)$4,680