Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Derivatives and Hedging Activities (Tables)

v3.22.4
Derivatives and Hedging Activities (Tables)
 12 Months Ended
Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of balance sheet classification and fair values of derivative instruments
        Fair Value   Notional Amount
        December 31,   December 31,
    Balance sheet location   2022   2021   2022   2021
        (U.S. $ in thousands)
Assets derivatives -Foreign exchange contracts, not designated as hedging instruments   Other current assets   $ 159     $ 82     $ 101,733     $ 12,380  
Assets derivatives -Foreign exchange contracts, designated as cash flow hedge   Other current assets     3       910       4,900       60,408  
Liability derivatives -Foreign exchange contracts, not designated as hedging instruments   Accrued expenses and other current liabilities     (38 )      (89 )      16,751       33,047  
Liability derivatives -Foreign exchange contracts, designated as cash flow hedge   Accrued expenses and other current liabilities     (1,640 )      (60 )      72,273       26,320  
      $ (1,516 )    $ 843     $ 195,657     $ 132,155  
Schedule of cash flow hedging instruments location in income statement
  Revenues   Cost of revenues   Research and development, net   Selling, general and administrative   Financial expenses (income), net Other comprehensive income (loss)
  December 31,   December 31,   December 31,   December 31,   December 31, December 31,
  2022   2021   2022   2021   2022   2021   2022   2021   2022   2021 2022 2021
  (U.S. $ in thousands)
Line items in which effects of hedges are recorded $ (651,483 )      (607,219 )    $ 375,016     $ 347,141     $ 92,876     $ 88,303     $ 240,750     $ 250,937     $ (229 )    $ 2,075   $ (4,047 )  $ 75  
Foreign exchange contracts designated as a hedging instrument   3,625       914       243       (243 )      950       (398 )      1,941       (696 )     
-
      
-
     (1,566 )    3,245  
Foreign exchange contracts not designated as a hedging instrument  
-
      
-
      
-
      
-
      
-
      
-
      
-
      
-
       (2,125 )      (2,870 )   
-
    
-