DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

9 Months Ended

Sep. 30, 2024

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

Schedule of fair value of derivative instruments

	Fair value
Derivatives designated as	September 30,		December 31,
hedging instruments	2024		2023		Balance Sheet location
Assets:
Commodity contracts	$	5,165	$	4,480	Accounts receivable, net
Commodity contracts	$	77	$	316	Other assets
Liabilities:
Commodity contracts	$	(1,061)	$	(386)	Accrued liabilities
Commodity contracts	$	—	$	—	Other liabilities

	Fair value
Derivatives not designated as	September 30,		December 31,
hedging instruments	2024		2023		Balance Sheet location
Assets:
Foreign currency exchange contracts	$	1,118	$	138	Accounts receivable, net
Liabilities:
Foreign currency exchange contracts	$	(1,603)	$	(1,221)	Accrued liabilities

Schedule of changes in the fair values of derivatives designated as cash flow hedges had on other comprehensive income ("OCI"), AOCI and earnings

Three-Months Ended September 30, 2024
				Gain (loss)
Derivatives designated as	Gain (loss)		Location of gain (loss)	reclassified from
hedging instruments	recognized in AOCI		recognized in income	AOCI into income
Commodity contracts	$	(501)	Cost of sales	$	2,883

Three-Months Ended September 30, 2023
				Gain (loss)
Derivatives designated as		Gain (loss) recognized	Location of gain (loss)	reclassified from
hedging instruments	in AOCI		recognized in income	AOCI into income
Commodity contracts	$	4,700	Cost of sales	$	—

Nine-Months Ended September 30, 2024
				Gain (loss)
Derivatives designated as	Gain (loss)		Location of gain (loss)	reclassified from
hedging instruments	recognized in AOCI		recognized in income	AOCI into income
Commodity contracts	$	2,606	Cost of sales	$	1,917

Nine-Months Ended September 30, 2023
				Gain (loss)
Derivatives designated as	Gain (loss)		Location of gain (loss)	reclassified from
hedging instruments	recognized in AOCI		recognized in income	AOCI into income
Commodity contracts	$	3,434	Cost of sales	$	—

Schedule of net gains (losses) on derivative instruments in the consolidated statements of income

		Gain (loss) recognized
		in income on derivatives
		Three-Months Ended
Derivatives not designated as	Location of gain (loss)	September 30,		September 30,
hedging instruments	recognized in income on derivatives	2024		2023
Foreign currency exchange contracts	Interest and other income (expense), net	$	(3,914)	$	5,080

		Gain (loss) recognized
		in income on derivatives
		Nine-Months Ended
Derivatives not designated as	Location of gain (loss)	September 30,		September 30,
hedging instruments	recognized in income on derivatives	2024		2023
Foreign currency exchange contracts	Interest and other income (expense), net	$	(1,204)	$	(4,695)