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Derivatives (Tables)
6 Months Ended
Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Instruments in Statement of Financial Position
As of June 30, 2024 and December 31, 2023, our foreign exchange forward contracts consisted of the following:
June 30, 2024December 31, 2023
Notional ValueFair Value (Level 2)Balance Sheet LocationNotional ValueFair Value (Level 2)Balance Sheet Location
(In thousands)
Forward contracts not designated as hedging instruments
Japanese yen$198,258 $(1,534)Accrued expenses$279,027 $2,745 Other current assets
Korean won76,373 303 Other current assets59,036 (97)Accrued expenses
Philippine peso7,149 (5)Accrued expenses6,553 (20)Accrued expenses
Singapore dollar7,373 (11)Accrued expenses11,506 20 Other current assets
Taiwan dollar40,535 58 Other current assets37,914 89 Other current assets
Total forward contracts not designated as hedging instruments$329,688 $(1,189)$394,036 $2,737 
June 30, 2024December 31, 2023
Notional ValueFair Value (Level 2)Balance Sheet LocationNotional ValueFair Value (Level 2)Balance Sheet Location
(In thousands)
Forward contracts designated as net investment hedging instruments
Japanese yen$121,436 $935 Other current assets$— $— N/A
Total forward contracts designated as net investment hedging instruments$121,436 $935 $— $—