Other Income (Expense), Net (Tables)

6 Months Ended

Jun. 30, 2021

Other Income and Expenses [Abstract]

Schedule of Other Income (Expense)

Other (expense) income, net is comprised of the following:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2021		2020		2021		2020
Foreign exchange gain (loss) (1)	$	1,406	$	4,518	$	2,198	$	(4,263)
Other (expense) income, net (2)	(5,183)		(4,113)		8,507		(2,722)
Total other (expense) income, net	$	(3,777)	$	405	$	10,705	$	(6,985)

(1)Foreign exchange gain (loss) is primarily attributable to foreign currency translation derived primarily from U.S. Dollar denominated cash and cash equivalents, account receivables, and intercompany balances held by foreign subsidiaries. Intercompany finance transactions denominated in U.S. Dollars resulted in unrealized foreign exchange gains (losses) of $963 and $5,012 for the three months ended June 30, 2021 and 2020, respectively, $1,443 and $(1,765) for the six months ended June 30, 2021 and 2020, respectively.

(2)For the three months ended June 30, 2021 and 2020, other (expense) income, net includes a loss from the change in fair value of the Company’s interest rate swap of $5,926 and $4,174, respectively (see Note 17). For the six months ended June 30, 2021, other (expense) income, net includes a gain from the change in fair value of the Company’s interest rate swap of $7,735 (see Note 17). For the six months ended June 30, 2020, other (expense) income, net includes a loss from the change in fair value of the Company’s interest rate swap of $4,174 (see Note 17), partly offset by a gain from the change in fair value of acquisition contingent consideration of $1,390.