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

Derivatives and Hedging Activities (Tables)

v3.26.1
Derivatives and Hedging Activities (Tables)
 3 Months Ended
Mar. 31, 2026
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 March 31, 2026 December 31, 2025 March 31, 2026 December 31, 2025
(U.S. $ in thousands)
Assets derivatives - Foreign exchange contracts, not designated as hedging instruments
 Other current assets $ —  $ 15  $ —  $ 5,680 
Assets derivatives - Foreign exchange contracts, designated as cash flow hedge
 Other current assets 1,850  454  87,107  55,880 
Liability derivatives - Foreign exchange contracts, not designated as hedging instruments
 Accrued expenses and other current liabilities (284) (175) 95,346  99,514 
Liability derivatives - Foreign exchange contracts, designated as cash flow hedge
 Accrued expenses and other current liabilities —  (235) —  29,587 
$ 1,567  $ 59  $ 182,453  $ 190,661