Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of the Fair Values of Derivative Instruments

Fair Values of Derivative Instruments

	Asset Derivatives				Liability Derivatives
	(In thousands)
	December 31, 2020		December 31, 2019		December 31, 2020		December 31, 2019
Derivatives Designated as Hedging Instruments	Balance Sheet Location	Fair Value	Balance Sheet Location	Fair Value	Balance Sheet Location	Fair Value	Balance Sheet Location	Fair Value
Foreign currency forward contracts	Prepaid expenses and other current assets	$3,945	Prepaid expenses and other current assets	$1,335	Accrued expenses and other current liabilities	$75	Accrued expenses and other current liabilities	$371
	Asset Derivatives				Liability Derivatives
	(In thousands)
	December 31, 2020		December 31, 2019		December 31, 2020		December 31, 2019
Derivatives Not Designated as Hedging Instruments	Balance Sheet Location	Fair Value	Balance Sheet Location	Fair Value	Balance Sheet Location	Fair Value	Balance Sheet Location	Fair Value
Foreign currency forward contracts	Prepaid expenses and other current assets	$67	Prepaid expenses and other current assets	$554	Accrued expenses and other current liabilities	$1,372	Accrued expenses and other current liabilities	$1,019

Schedule of Effect of Derivative Instruments on Financial Performance

The Effect of Derivative Instruments on Financial Performance

	For the Year ended December 31,
	(In thousands)
Derivatives in Cash Flow Hedging Relationships	Amount of Gain Recognized in Other Comprehensive Income				Location of Loss Reclassified from Accumulated Other Comprehensive Loss into Income	Amount of Loss Reclassified from Accumulated Other  Comprehensive Loss
	2020		2019			2020		2019
Foreign currency forward contracts	$	2,694	$	1,853	Operating expenses	$	(331)	$	(1,616)

There was no material ineffectiveness in the Company’s foreign currency hedging program in the periods presented.

	For the Year ended December 31,
	(In thousands)
Derivatives Not Designated as Hedging Instruments	Location of Loss Recognized in Income on Derivative	Amount of Loss Recognized in Income on Derivative
		2020		2019
Foreign currency forward contracts	Other income (expense), net	$	(18,069)	$	(1,135)

Currency Forward Contracts Outstanding

As of December 31, 2020, the Company had the following net notional foreign currency forward contracts outstanding (in thousands):

Foreign Currency	Currency Denomination
Australian Dollar	AUD 20,000
Brazilian Real	BRL 3,500
British Pounds Sterling	GBP 13,000
Canadian Dollar	CAD 750
Chinese Yuan Renminbi	CNY 41,692
Czech Koruna	CZK 14,600
Danish Krone	DKK 1,150
Euro	EUR 1,664
Hong Kong Dollar	HKD 12,600
Indian Rupee	INR 487,000
Japanese Yen	JPY 627,000
Korean Won	KRW 1,570,000
Singapore Dollar	SGD 13,400
Swiss Franc	CHF 166,132