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

The fair values of the Company’s derivative instruments were as follows:

 

 

 

 

 

December 31,

 

 

December 31,

 

(in thousands)

 

Balance Sheet Location

 

2024

 

 

2023

 

Derivatives designated as hedging instruments:

 

 

 

 

 

 

 

 

Forward currency exchange contracts

 

Other long-term assets (liabilities)

 

$

(3,745

)

 

$

2,664

 

Interest rate swap agreement

 

Other long-term assets (liabilities)

 

 

(114

)

 

 

(2,458

)