XML 60 R41.htm IDEA: XBRL DOCUMENT v3.22.4
Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Fair Value Hierarchy Level for Company's Liabilities Measured Fair value measurements and the fair value hierarchy level for the Company’s liabilities measured or disclosed at fair value on a recurring basis as of December 31, 2022 and 2021, was as follows:
December 31, 2022December 31, 2021Input
Forward foreign exchange contracts - other current assets$8,643 $647 Level 2
Forward foreign exchange contracts - accrued liabilities$— $(1,535)Level 2
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]
Fair values of the Company’s Senior Notes, Senior Secured Notes, and Term Loan Facility were as follows:
December 31, 2022December 31, 2021
Aggregate fair value$744,010 $899,909 
Aggregate carrying value (1)
$969,600 $973,000 
(1) Excludes unamortized debt issuance costs and unamortized original issue discount.
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block] Pretax amounts related to the Company’s cash flow hedges that were recognized in other comprehensive income (loss) (“OCI”) were as follows:
Gain (Loss) Recognized in OCI
Year Ended December 31,
20222021
Forward foreign exchange contracts$11,808 $(545)
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block] Pretax amounts related to the Company’s cash flow hedges that were reclassified from AOCI were as follows:
Gain Reclassified from AOCI to Income
Year Ended December 31,
Classification20222021
Forward foreign exchange contractsCost of products sold$2,287 $1,432