Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2023

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The components and changes in accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2023 and 2022 were as follows:

	Available-for-sale debt securities		Cash flow hedges		Total
	(in thousands)
Balances at December 31, 2022	$	(2,705)	$	758	$	(1,947)
Change in unrealized gains (losses) during the period	1,131		(443)		688
Amount reclassified into income during the period	—		(534)		(534)
Tax effect	—		222		222
Net change during the period	1,131		(755)		376
Balances at March 31, 2023	(1,574)		3		(1,571)
Change in unrealized gains (losses) during the period	312		65		377
Amount reclassified into income during the period	—		(665)		(665)
Tax effect	—		143		143
Net change during the period	312		(457)		(145)
Balances at June 30, 2023	(1,262)		(454)		(1,716)
Change in unrealized gains (losses) during the period	339		1,249		1,588
Amount reclassified into income during the period	—		(580)		(580)
Tax effect	—		(159)		(159)
Net change during the period	339		510		849
Balances at September 30, 2023	$	(923)	$	56	$	(867)
Balances at December 31, 2021	$	(185)	$	1,192	$	1,007
Change in unrealized gains (losses) during the period	(2,070)		648		(1,422)
Amount reclassified into income during the period	—		(60)		(60)
Tax effect	(58)		(137)		(195)
Net change during the period	(2,128)		451		(1,677)
Balances at March 31, 2022	(2,313)		1,643		(670)
Change in unrealized gains (losses) during the period	(933)		1,548		615
Amount reclassified into income during the period	—		(244)		(244)
Tax effect	—		(326)		(326)
Net change during the period	(933)		978		45
Balances at June 30, 2022	(3,246)		2,621		(625)
Change in unrealized gains (losses) during the period	(492)		1,877		1,385
Amount reclassified into income during the period	—		(355)		(355)
Tax effect	—		(362)		(362)
Net change during the period	(492)		1,160		668
Balances at September 30, 2022	$	(3,738)	$	3,781	$	43

Schedule of Amounts Reclassified from AOCI to the Statements of Operations

The effects on income before income taxes of amounts reclassified from AOCI to the condensed consolidated statements of operations were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
	(in thousands)				(in thousands)
Reclassification of AOCI - Cash flow hedges
Revenues	$	721	$	660	$	2,918	$	883
Cost of revenues	(32)		(67)		(262)		(50)
Research and development	(89)		(195)		(724)		(143)
Sales and marketing	(6)		(12)		(45)		(9)
General and administrative	(14)		(31)		(108)		(22)
Total	$	580	$	355	$	1,779	$	659