| Schedule of Deferred Components of AOCL in Equity, Net of Related Taxes, and Changes in AOCL |
The following table presents deferred components of AOCL in equity, net of related taxes:
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| (In thousands) |
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June 2026 |
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December 2025 |
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June 2025 |
| Foreign currency translation |
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$ |
(61,346) |
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$ |
(74,997) |
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$ |
(84,456) |
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| Defined benefit pension plans |
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2,626 |
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2,751 |
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2,069 |
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| Derivative financial instruments |
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18,440 |
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4,703 |
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(7,213) |
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| Accumulated other comprehensive loss |
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$ |
(40,280) |
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$ |
(67,543) |
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$ |
(89,600) |
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The following tables present changes in AOCL, net of related tax impact:
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Three Months Ended June 2026 |
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| (In thousands) |
Foreign Currency Translation |
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Defined Benefit Pension Plans |
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Derivative Financial Instruments |
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Total |
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| Balance, March 2026 |
$ |
(58,684) |
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$ |
2,688
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$ |
12,958
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$ |
(43,038) |
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| Other comprehensive income (loss) due to gains (losses) arising before reclassifications |
(2,662) |
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— |
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7,109 |
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4,447 |
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| Reclassifications to net income of previously deferred (gains) losses |
— |
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(62) |
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(1,627) |
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(1,689) |
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| Net other comprehensive income (loss) |
(2,662) |
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(62) |
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5,482 |
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2,758 |
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| Balance, June 2026 |
$ |
(61,346) |
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$ |
2,626
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$ |
18,440
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$ |
(40,280) |
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Three Months Ended June 2025 |
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| (In thousands) |
Foreign Currency Translation |
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Defined Benefit Pension Plans |
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Derivative Financial Instruments |
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Total |
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| Balance, March 2025 |
$ |
(109,432) |
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$ |
2,094
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$ |
(7,248) |
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$ |
(114,586) |
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| Other comprehensive income (loss) due to gains (losses) arising before reclassifications |
24,976 |
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— |
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(803) |
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24,173 |
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| Reclassifications to net income of previously deferred (gains) losses |
— |
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(25) |
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838 |
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813 |
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| Net other comprehensive income (loss) |
24,976 |
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(25) |
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35 |
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24,986 |
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| Balance, June 2025 |
$ |
(84,456) |
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$ |
2,069
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$ |
(7,213) |
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$ |
(89,600) |
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Six Months Ended June 2026 |
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| (In thousands) |
Foreign Currency Translation |
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Defined Benefit Pension Plans |
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Derivative Financial Instruments |
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Total |
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| Balance, December 2025 |
$ |
(74,997) |
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$ |
2,751
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$ |
4,703
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$ |
(67,543) |
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| Other comprehensive income (loss) due to gains (losses) arising before reclassifications |
13,651 |
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— |
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14,689 |
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28,340 |
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| Reclassifications to net income of previously deferred (gains) losses |
— |
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(125) |
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(952) |
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(1,077) |
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| Net other comprehensive income (loss) |
13,651 |
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(125) |
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13,737 |
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27,263 |
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| Balance, June 2026 |
$ |
(61,346) |
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$ |
2,626
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$ |
18,440
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$ |
(40,280) |
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Six Months Ended June 2025 |
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| (In thousands) |
Foreign Currency Translation |
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Defined Benefit Pension Plans |
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Derivative Financial Instruments |
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Total |
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| Balance, December 2024 |
$ |
(115,505) |
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$ |
2,119
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$ |
(3,264) |
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$ |
(116,650) |
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| Other comprehensive income (loss) due to gains (losses) arising before reclassifications |
31,049 |
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— |
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(5,726) |
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25,323 |
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| Reclassifications to net income of previously deferred (gains) losses |
— |
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(50) |
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1,777 |
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1,727 |
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| Net other comprehensive income (loss) |
31,049 |
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(50) |
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(3,949) |
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27,050 |
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| Balance, June 2025 |
$ |
(84,456) |
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$ |
2,069
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$ |
(7,213) |
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$ |
(89,600) |
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| Schedule of Reclassification Out of AOCL |
The following table presents reclassifications out of AOCL:
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| (In thousands) |
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Three Months Ended June |
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Six Months Ended June |
Details About Accumulated Other Comprehensive Loss Reclassifications |
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Affected Line Item in the Financial Statements |
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2026 |
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2025 |
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2026 |
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2025 |
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| Gains (losses) on derivative financial instruments: |
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| Foreign currency exchange contracts |
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Net revenues |
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$ |
1,931 |
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$ |
(106) |
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$ |
2,525 |
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$ |
(489) |
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| Foreign currency exchange contracts |
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Cost of goods sold |
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(865) |
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(1,228) |
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(1,966) |
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(1,780) |
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| Foreign currency exchange contracts |
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Other (expense) income, net |
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30 |
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56 |
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46 |
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232 |
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| Interest rate swap agreements |
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Interest expense |
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293 |
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762 |
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650 |
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1,181 |
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| Total before tax |
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1,389 |
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(516) |
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1,255 |
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(856) |
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| Income taxes |
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Income taxes |
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234 |
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(369) |
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607 |
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(603) |
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| Net of tax |
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1,623 |
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(885) |
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1,862 |
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(1,459) |
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| Total reclassifications for the period, net of tax |
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$ |
1,623
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$ |
(885) |
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$ |
1,862
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$ |
(1,459) |
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