Report of foreign issuer [Rules 13a-16 and 15d-16]

Derivatives and Hedging Activities (Tables)

v3.25.2
Derivatives and Hedging Activities (Tables)
 6 Months Ended
Jun. 30, 2025
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
Balance sheet location June 30, 2025 December 31, 2024 June 30, 2025 December 31, 2024
(U.S. $ in thousands)
Assets derivatives - Foreign exchange contracts, not designated as hedging instruments
 Other current assets $ 34  $ 71  $ 58,003  $ 29,244 
Assets derivatives - Foreign exchange contracts, designated as cash flow hedge
 Other current assets 3,143  4,005  30,237  89,414 
Liability derivatives - Foreign exchange contracts, not designated as hedging instruments
 Accrued expenses and other current liabilities (47) (21) 46,570  82,818 
Liability derivatives - Foreign exchange contracts, designated as cash flow hedge
 Accrued expenses and other current liabilities (2,667) (3) 78,617  5,687 
$ 463  $ 4,052  $ 213,427  $ 207,163