Hedging (Tables)

3 Months Ended

Mar. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Values of Derivative Instruments

The fair values of the Company's derivative instruments recorded in the Condensed Consolidated Balance Sheet as of March 31, 2023 and December 31, 2022 were as follows:

(In thousands)	Balance Sheet Location	March 31, 2023			December 31, 2022
Derivatives Not Designated as Hedging Instruments (Level 2):
Foreign exchange contracts – derivative assets	Other receivables	$	11,831		$	11,992
Foreign exchange contracts – derivative liabilities	Accounts payable	$	(351	)	$	(633	)
Total derivatives		$	11,480		$	11,359

The change in the fair values of the Company's derivative instruments recorded in the Condensed Consolidated Statements of Income during the three months ended March 31, 2023 and 2022 were as follows:

		Three Months Ended
		March 31,
(In thousands)	Income Statement Location	2023			2022
Derivatives Not Designated as Hedging Instruments:
Foreign exchange contracts	Other income (expense), net	$	(69	)	$	—