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Other Income (Expense) (Tables)
9 Months Ended
Sep. 30, 2023
Other Income and Expenses [Abstract]  
Other Income (Expense), Net
Other income (expense), net consisted of the following: 
Three Months Ended September 30,Nine Months Ended September 30,
(In thousands)2023202220232022
Net gain (loss) on foreign currency exchange contracts (1)
$19 $(550)$(2,788)$518 
Net gain (loss) on foreign currency exchange transactions(1,085)476 545 (534)
Other income (expense)215 20 476 (372)
Other income (expense), net$(851)$(54)$(1,767)$(388)

(1)This represents the gains (losses) incurred on foreign currency hedging derivatives (see Note 18 for further details).