XML 56 R42.htm IDEA: XBRL DOCUMENT v3.25.4
Derivative Instruments Derivative (Tables)
12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The notional amounts of the Company’s outstanding derivative instruments as of December 31, 2025 and 2024 were as follows:
As of December 31,
(in thousands)20252024
Derivative instruments designated as accounting hedges:
Foreign exchange contracts$113,473 $90,031 
Fair Value, by Balance Sheet Grouping
The fair value of the Company’s outstanding derivative instruments as of December 31, 2025 and 2024 were as follows:
As of December 31,
(in thousands)Balance Sheet Classification20252024
Assets:
Forward contractsOther current assets$302 $2,175 
Liabilities:
Forward contractsOther current liabilities$2,328 $816 
Schedule of Derivative Instruments
The following table presents the pretax impact of (loss)/gains from the Company's designated derivative instruments on its Consolidated Financial Statements for the years ended December 31, 2025, 2024, and 2023:
Years Ended December 31,
(in thousands)202520242023
Cash flow hedges:
Foreign exchange contracts$(3,322)$2,456 $(852)