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Derivative Instruments (Tables)
 12 Months Ended
Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions
The Company had the following outstanding forward contracts (in thousands):
December 31, 2023December 31, 2022
CurrencyNotional ValueUSD EquivalentNotional ValueUSD Equivalent
Derivatives Not Designated as Hedging Instruments:
Euro40,000 $44,302 60,000 $64,174 
Singapore Dollar39,700 30,136 — — 
Mexican Peso145,000 8,505 185,000 9,480 
Chinese Renminbi50,000 7,025 55,000 7,619 
Hungarian Forint2,240,000 6,466 1,590,000 4,238 
British Pound3,345 4,258 3,445 4,161 
Japanese Yen600,000 4,255 700,000 5,281 
Canadian Dollar1,470 1,112 1,730 1,278 
Swiss Franc— — 1,120 1,218 
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
Information regarding the fair value of the outstanding forward contracts was as follows (in thousands):
 Asset DerivativesLiability Derivatives
Balance
Sheet Location		Fair ValueBalance
Sheet Location		Fair Value
December 31, 2023December 31, 2022December 31, 2023December 31, 2022
Derivatives Not Designated as Hedging Instruments:
Economic hedge forward contractsPrepaid expenses and other current assets$151 $27 Accrued expenses$106 $479 
Offsetting Assets
The following table summarizes the gross activity for all derivative assets and liabilities which were presented on a net basis on the Consolidated Balance Sheets due to the right of offset with each counterparty (in thousands):
Asset DerivativesLiability Derivatives
December 31, 2023December 31, 2022December 31, 2023December 31, 2022
Gross amounts of recognized assets$151 $27 Gross amounts of recognized liabilities$106 $479 
Gross amounts offset— — Gross amounts offset— — 
Net amount of assets presented$151 $27 Net amount of liabilities presented$106 $479 
Derivative Instruments, Gain (Loss)
Information regarding the effect of derivative instruments, net of the underlying exposure, on the consolidated financial statements was as follows (in thousands):
 Location in Financial StatementsYear Ended December 31,
202320222021
Derivatives Not Designated as Hedging Instruments:
Gains (losses) recognized in current operationsForeign currency gain (loss)$(10,023)$9,823 $4,262