Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Location and Fair Values of Derivative Instruments

The location and fair values of derivative instruments designated as hedging instruments in the Condensed Consolidated Balance Sheets as of September 30, 2022, are shown in the following table:

	As of
	September 30,		December 31,
	2022		2021
Interest rate swaps reported in Other current assets	$	1,258	$	—
Interest rate swaps reported in Other assets	$	2,072	$	—
Interest rate swaps reported in Accrued Expenses and other liabilities	$	—	$	(437	)
Interest rate swaps reported in Other long-term obligations	$	—	$	(353	)
Foreign currency hedges reported in Other current assets	$	789	$	135
Net investment hedge reported in Other assets	$	1,675	$	—

Schedule of Effect of Derivative Instruments on Consolidated Statements of Earnings

The effect of derivative instruments on the Condensed Consolidated Statements of Earnings is as follows:

	Three Months Ended					Nine Months Ended
	September 30,		September 30,			September 30,			September 30,
	2022		2021			2022			2021
Foreign Exchange Contracts:
Amounts reclassified from AOCI to earnings:
Cost of goods sold		216		442			524			992
Total gain reclassified from AOCI to earnings		216		442			524			992
Total derivative gain on foreign exchange contracts recognized in earnings	$	216	$	442		$	524		$	992
Interest Rate Swaps:
Income (expense) recorded in Interest expense	$	79	$	(191	)	$	(194	)	$	(554	)
Cross-Currency Swap:
Income (expense) recorded in Interest expense	$	175	$	—		$	175		$	—
Total net gains on derivatives	$	470	$	251		$	505		$	438