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Hedging Activities (Tables)
6 Months Ended
Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions As of June 30, 2023, the Company had open foreign exchange forward contracts with a notional U.S. dollar value of the following:
CurrencyJune 30,
2023
Mexican Peso$23,600 
Japanese Yen4,250 
$27,850 
Balance Sheet Classification and Fair Values of Derivative Instruments
The balance sheet classification and fair values of the Company’s derivative instruments, which are Level 2 measurements, are as follows:
Fair Value
Condensed Consolidated
Balance Sheet Location
June 30,
2023
December 31,
2022
Derivatives designated as cash flow hedges:
Interest rate swapsOther non-current Assets$5,926 $— 
$5,926 $— 
The following table presents the net unrealized (gain) loss deferred to AOCI:
June 30,
2023
December 31,
2022
Derivatives designated as cash flow hedges:
Interest rate swapsAOCI$4,563 $— 
The following table presents the net gain (loss) reclassified from AOCI to earnings:
Location and Amount of Gain (Loss) Recognized in
Statements of Operations
Three Months Ended
June 30,
Six Months Ended
June 30,
2023202220232022
Interest rate swapsInterest expense, net$1,061 $(378)$1,061 $(1,015)
Foreign exchange forward contractsOther expense, net1,843 — 2,135 — 
$2,904 $(378)$3,196 $(1,015)