Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Information Related to Recurring Fair Value Measurement of Derivative Instruments in Our Consolidated Condensed Balance Sheet

Information related to the recurring fair value measurement of derivative instruments in our consolidated condensed balance sheet as of June 30, 2022 is as follows:

				Asset Derivatives			Liability Derivatives
	Fair Value Hierarchy	Notional Amount		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value		Net Asset/ (Liabilities)
Derivatives Designated as Cash Flow Hedges
Foreign currency derivatives	Level 2	$	14,075	Other current assets	$	588	Other current liabilities	$	—	$	588
Derivatives Not Designated as Hedging Instruments
Foreign currency derivatives	Level 2	$	128,319	Other current assets	$	1,403	Other current liabilities	$	921	$	482
Interest rate contracts	Level 2	$	100,000	Other current assets	$	—	Other current liabilities	$	693	$	693

Information related to the recurring fair value measurement of derivative instruments in our consolidated condensed balance sheet as of December 31, 2021 is as follows:

				Asset Derivatives			Liability Derivatives
	Fair Value Hierarchy	Notional Amount		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value		Net Asset/ (Liabilities)
Derivatives Designated as Cash Flow Hedges
Foreign currency derivatives	Level 2	$	13,974	Other current assets	$	294	Other current liabilities	$	—	$	294
Commodity hedges	Level 2	$	309	Other current assets	$	6	Other current liabilities	$	—	$	6

Information Related to Effect of Derivative Instruments on Our Consolidated Condensed Statements of Income and Consolidated Condensed Statements of Comprehensive Income (Loss)

Information relating to the effect of derivative instruments on our consolidated condensed statements of income and the consolidated condensed statements of comprehensive income is as follows:

		Three Months Ended June 30,						Six Months Ended June 30,
	Location	2022			2021			2022			2021
Derivatives Designated as Cash Flow Hedges
Foreign currency derivatives	Cost of sales – income	$	333		$	529		$	486		$	1,007
	Other comprehensive (loss) income		(316	)		(62	)		294			(729	)
Total foreign currency derivatives		$	17		$	467		$	780		$	278
Commodity derivatives	Cost of sales – income	$	—		$	—		$	19		$	—
	Other comprehensive loss		—			—			(6	)		—
Total commodity derivatives		$	—		$	—		$	13		$	—
Derivatives Not Designated as Hedging Instruments
Foreign currency derivatives	Foreign currency gain (loss)	$	482		$	—		$	482		$	—
Total foreign currency derivatives		$	482		$	—		$	482		$	—
Interest rate contracts	Interest expense, net	$	(693	)	$	—		$	(693	)	$	—
Total interest rate derivatives		$	(693	)	$	—		$	(693	)	$	—