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Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2023
Fair Value Disclosures [Abstract]  
Summary of Fair Values of Derivative Instruments

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

 

 

 

 

 

Fair Value

 

 

 

 

 

September 30,

 

 

December 31,

 

(in thousands)

 

Balance Sheet Location

 

2023

 

 

2022

 

Derivatives designated as hedging
   instruments:

 

 

 

 

 

 

 

 

Forward currency exchange contracts

 

Other current assets

 

$

1,440

 

 

$

407

 

Interest rate swap agreement

 

Other assets, net and other current
   assets, respectively

 

$

1,640

 

 

$

639