Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule Of The Fair Values Of Derivative Instruments

Fair Values of Derivative Instruments

	Asset Derivatives				Liability Derivatives
	(In thousands)
	June 30, 2021		December 31, 2020		June 30, 2021		December 31, 2020
Derivatives Designated as Hedging Instruments	Balance Sheet Location	Fair Value	Balance Sheet Location	Fair Value	Balance Sheet Location	Fair Value	Balance Sheet Location	Fair Value
Foreign currency forward contracts	Prepaid expenses and other current assets	$1,009	Prepaid expenses and other current assets	$3,945	Accrued expenses and other current liabilities	$849	Accrued expenses and other current liabilities	$75
	Asset Derivatives				Liability Derivatives
	(In thousands)
	June 30, 2021		December 31, 2020		June 30, 2021		December 31, 2020
Derivatives Not Designated as Hedging Instruments	Balance Sheet Location	Fair Value	Balance Sheet Location	Fair Value	Balance Sheet Location	Fair Value	Balance Sheet Location	Fair Value
Foreign currency forward contracts	Prepaid expenses and other current assets	$8,604	Prepaid expenses and other current assets	$67	Accrued expenses and other current liabilities	$180	Accrued expenses and other current liabilities	$1,372

Schedule Of Effect Of Derivative Instruments On Financial Performance

The Effect of Derivative Instruments on Financial Performance

	For the Three Months Ended June 30,
	(In thousands)
Derivatives in Cash Flow Hedging Relationships	Amount of (Loss) Gain Recognized in Other Comprehensive Loss				Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income	Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss
	2021		2020			2021		2020
Foreign currency forward contracts	$	(630)	$	1,377	Operating expenses	$	758	$	(919)

	For the Six Months Ended June 30,
	(In thousands)
Derivatives in Cash Flow Hedging Relationships	Amount of Loss Recognized in Other Comprehensive Loss				Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income	Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss
	2021		2020			2021		2020
Foreign currency forward contracts	$	(3,436)	$	(1,456)	Operating expenses	$	2,701	$	(671)

There was no material ineffectiveness in the Company’s foreign currency hedging program in the periods presented.

 

	For the Three Months Ended June 30,
	(In thousands)
Derivatives Not Designated as Hedging Instruments	Location of Loss Recognized in Income on Derivative	Amount of Loss Recognized in Income on Derivative
		2021		2020
Foreign currency forward contracts	Other income, net	$	(4,812)	$	(1,229)

	For the Six Months Ended June 30,
	(In thousands)
Derivatives Not Designated as Hedging Instruments	Location of Gain Recognized in Income on Derivative	Amount of Gain Recognized in Income on Derivative
		2021		2020
Foreign currency forward contracts	Other income, net	$	8,284	$	2,529

Schedule Of Net Notional Foreign Currency Forward Contracts Outstanding

As of June 30, 2021, the Company had the following net notional foreign currency forward contracts outstanding (in thousands):

Foreign Currency	Currency Denomination
Australian Dollar	AUD 28,000
Brazilian Real	BRL 700
British Pound Sterling	GBP 7,700
Canadian Dollar	CAD 5,950
Chinese Yuan Renminbi	CNY 11,000
Czech Koruna	CZK 104,600
Danish Krone	DKK 22,000
Euro	EUR 5,836
Hong Kong Dollar	HKD 39,275
Indian Rupee	INR 755,000
Japanese Yen	JPY 239,000
Korean Won	KRW 189,000
Singapore Dollar	SGD 13,800
Swedish Krona	SEK 1,500
Swiss Franc	CHF 183,050