Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Derivative Instruments and Hedging Activities (Tables)

v3.23.2
Derivative Instruments and Hedging Activities (Tables)
6 Months Ended
Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Balance Sheet Classification And Fair Values of Derivative Instruments The following table summarizes the consolidated balance sheets classification and fair values of the Company’s derivative instruments:
        Fair Value   Notional Amount
        June 30,   December 31,   June 30,   December 31,
    Balance sheet location   2023   2022   2023   2022
        U.S. $ in thousands
Assets derivatives -Foreign exchange contracts, not designated as hedging instruments   Other current assets   $ 7     $ 159     $ 25,093     $ 101,733  
Assets derivatives -Foreign exchange contracts, designated as cash flow hedge   Other current assets     376       3       28,221       4,900  
Liability derivatives -Foreign exchange contracts, not designated as hedging instruments   Accrued expenses and other current liabilities     (87 )      (38 )      33,927       16,751  
Liability derivatives -Foreign exchange contracts, designated as hedging instruments   Accrued expenses and other current liabilities     (2,540 )      (1,640 )      36,858       72,273  
        $ (2,244 )    $ (1,516 )    $ 124,099     $ 195,657