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Financial Instruments and Concentration of Credit Risk (Tables)
12 Months Ended
Dec. 31, 2022
Financial Instruments And Concentration Of Credit Risk [Abstract]  
Summary of Fair Values of Derivative Instruments

The following table presents the fair value of the Company's derivative instruments:

 

 

 

Fair Values of Derivative Instruments

 

 

 

Asset Derivatives

 

 

Liability Derivatives

 

 

 

Balance Sheet

 

December 31,

 

 

December 31,

 

 

Balance Sheet

 

December 31,

 

 

December 31,

 

(in thousands)

 

Location

 

2022

 

 

2021

 

 

Location

 

2022

 

 

2021

 

Derivatives designated as hedging instruments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forward currency exchange contracts

 

Other current assets

 

$

407

 

 

$

 

 

Accrued liabilities

 

$

 

 

$

178

 

Interest rate swap

 

Other current assets

 

$

639

 

 

$

 

 

Accrued liabilities

 

$

 

 

$

4,332