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Accumulated Other Comprehensive (Loss) Income
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Accumulated Other Comprehensive (Loss) Income Accumulated Other Comprehensive (Loss) Income
The following table summarizes the changes in accumulated balances of other comprehensive loss (income), net of tax, for the three months ended March 31, 2024 (in thousands):
Unrealized Gains (Losses) on InvestmentsForeign Currency TranslationTotal
Balance as of January 1, 2024
$537 $(72,157)$(71,620)
Other comprehensive loss, net of tax
(63)(6,530)(6,593)
Balance as of March 31, 2024
$474 $(78,687)$(78,213)
There were no reclassifications out of accumulated other comprehensive loss for the three months ended March 31, 2024 and 2023, respectively.