| Accumulated Other Comprehensive Income |
|
|
|
| NOTE 10 — ACCUMULATED OTHER COMPREHENSIVE LOSS |
Accumulated other comprehensive loss on the unaudited Condensed Consolidated Balance Sheets is net of applicable taxes, and consists of unrealized gains and losses on available-for-sale securities, unrealized gains and losses on certain derivative transactions and foreign currency translation adjustments.
The following tables set forth the changes in Accumulated other comprehensive loss:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (in thousands) |
|
|
Derivative transactions |
|
Foreign currency
translation
adjustments |
|
Total |
Balance as of June 30, 2025 |
|
|
$ |
(10,510) |
|
|
$ |
(56,337) |
|
|
$ |
(66,847) |
|
Other comprehensive income before reclassifications |
|
|
7,590 |
|
|
(4,272) |
|
|
3,318 |
|
Amounts reclassified from accumulated other comprehensive loss (1)
|
|
|
(2,546) |
|
|
— |
|
|
(2,546) |
|
Net other comprehensive income during the period |
|
|
5,044 |
|
|
(4,272) |
|
|
772 |
|
Balance as of September 30, 2025 |
|
|
$ |
(5,466) |
|
|
$ |
(60,609) |
|
|
$ |
(66,075) |
|
(1) Amounts reclassified are recorded in Net sales, Cost of sales, or Other non-operating income, net on the unaudited Condensed Consolidated Statements of Operations. Refer to Note 11 for further information regarding reclassifications.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (in thousands) |
|
|
|
Derivative transactions |
|
Foreign currency
translation
adjustments |
|
Total |
Balance as of June 30, 2024 |
|
|
|
$ |
17,523 |
|
|
$ |
(72,533) |
|
|
$ |
(55,010) |
|
| Other comprehensive income before reclassifications |
|
|
|
(9,895) |
|
|
20,477 |
|
|
10,582 |
|
Amounts reclassified from accumulated other comprehensive loss (1)
|
|
|
|
(5,010) |
|
|
— |
|
|
(5,010) |
|
| Net other comprehensive income during the period |
|
|
|
(14,905) |
|
|
20,477 |
|
|
5,572 |
|
Balance as of September 30, 2024 |
|
|
|
$ |
2,618 |
|
|
$ |
(52,056) |
|
|
$ |
(49,438) |
|
(1) Amounts reclassified are recorded in Net sales, Cost of sales, or Other non-operating income, net on the unaudited Condensed Consolidated Statements of Operations. Refer to Note 11 for further information regarding reclassifications.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (in thousands) |
|
Available-for-
sale securities |
|
Derivative transactions |
|
Foreign currency
translation
adjustments |
|
Total |
Balance as of December 31, 2024 |
|
$ |
84 |
|
|
$ |
23,394 |
|
|
$ |
(86,700) |
|
|
$ |
(63,222) |
|
| Other comprehensive income before reclassifications |
|
— |
|
|
(22,385) |
|
|
26,091 |
|
|
3,706 |
|
Amounts reclassified from accumulated other comprehensive loss (1)
|
|
(84) |
|
|
(6,475) |
|
|
— |
|
|
(6,559) |
|
| Net other comprehensive loss during the period |
|
(84) |
|
|
(28,860) |
|
|
26,091 |
|
|
(2,853) |
|
Balance as of September 30, 2025 |
|
$ |
— |
|
|
$ |
(5,466) |
|
|
$ |
(60,609) |
|
|
$ |
(66,075) |
|
(1) Amounts reclassified are recorded in Net sales, Cost of sales, or Other non-operating income, net on the unaudited Condensed Consolidated Statements of Operations. Refer to Note 11 for further information regarding reclassifications.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (in thousands) |
|
Available-for-
sale securities |
|
Derivative transactions |
|
Foreign currency
translation
adjustments |
|
Total |
Balance as of December 31, 2023 |
|
$ |
145 |
|
|
$ |
3,689 |
|
|
$ |
(49,670) |
|
|
$ |
(45,836) |
|
| Other comprehensive income before reclassifications |
|
— |
|
|
7,283 |
|
|
(2,386) |
|
|
4,897 |
|
Amounts reclassified from accumulated other comprehensive loss (1)
|
|
(145) |
|
|
(8,354) |
|
|
— |
|
|
(8,499) |
|
| Net other comprehensive loss during the period |
|
(145) |
|
|
(1,071) |
|
|
(2,386) |
|
|
(3,602) |
|
Balance as of September 30, 2024 |
|
$ |
— |
|
|
$ |
2,618 |
|
|
$ |
(52,056) |
|
|
$ |
(49,438) |
|
(1) Amounts reclassified are recorded in Net sales, Cost of sales, or Other non-operating income, net on the unaudited Condensed Consolidated Statements of Operations. Refer to Note 11 for further information regarding reclassifications.
|