XML 56 R40.htm IDEA: XBRL DOCUMENT v3.25.0.1
DERIVATIVE INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Amount and Location of Derivatives in the Balance Sheet
The following table summarizes the amount and location of the Company’s derivative instruments in the consolidated balance sheets (in thousands):
Fair Value - Derivatives in Asset Position
DerivativeBalance Sheet CaptionDecember 31, 2024December 31, 2023
Interest rate cap designated as cash flows hedgePrepaid expenses and other current assets$8,034 $9,746 
Interest rate cap designated as cash flows hedgeOther noncurrent assets6,680 10,183 
Total derivative assets$14,714 $19,929 
Schedule of Pre-tax Income (Loss) Recognized in the Statements of Comprehensive Income (Loss) The following table presents the pre-tax (loss) gain from derivative instruments recognized in other comprehensive (loss) income in the Company’s consolidated statements of comprehensive income (in thousands):
Year Ended December 31,
Derivative202420232022
Interest rate cap designated as cash flows hedge$(5,215)$(8,339)$28,869 
The following table presents the amount and location of pre-tax income (loss) recognized in the Company’s consolidated statement of comprehensive income related to the Company’s derivative instruments (in thousands):
Year Ended December 31,
DerivativeIncome Statement Caption202420232022
Interest rate cap designated as cash flows hedgeInterest expense, net$11,527 $10,974 $1,090