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Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2024
Fair Value Disclosures [Abstract]  
Summary of Fair Values of Derivative Instruments

The fair value of the Company’s derivative instruments follows:

 

 

 

 

 

March 31,

 

 

December 31,

 

(in thousands)

 

Balance Sheet Location

 

2024

 

 

2023

 

Derivatives designated as
   hedging instruments:

 

 

 

 

 

 

 

 

Forward currency exchange contracts

 

Other long-term assets

 

$

3,950

 

 

$

2,664

 

Interest rate swap agreement

 

Other long-term liabilities

 

 

(93

)

 

 

(2,458

)