Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 30, 2022

Equity [Abstract]

Components of Accumulated Other Comprehensive Loss

Changes in the balances of each component included in AOCI are presented in the tables below. All amounts are net of tax.

(In thousands)	Foreign Currency Translation Adjustments			Unrealized Net Gains (Losses) on Foreign Exchange Contracts			Total
Balance as of December 31, 2021 (1)	$	(3,026	)	$	261		$	(2,765	)
Other comprehensive (loss) income before     reclassifications		(867	)		(226	)		(1,093	)
Net losses (gains) reclassified from accumulated    other comprehensive loss		0			(76	)		(76	)
Net other comprehensive income (loss)		(867	)		(302	)		(1,169	)
Balance as of June 30, 2022 (2)	$	(3,893	)	$	(41	)	$	(3,934	)

(1) Net of taxes of $91 thousand for unrealized net gains on foreign exchange contract derivatives.

(2) Net of taxes of $14 thousand for unrealized net losses on foreign exchange contract derivatives.

(In thousands)	Foreign Currency Translation Adjustments			Unrealized Net Gains (Losses) on Foreign Exchange Contracts			Total
Balance as of December 31, 2020 (1)	$	(2,957	)	$	1,119		$	(1,838	)
Other comprehensive income (loss) before     reclassifications		520			90			610
Net (gains) losses reclassified from accumulated    other comprehensive loss		0			(1,209	)		(1,209	)
Net other comprehensive income (loss)		520			(1,119	)		(599	)
Balance as of June 30, 2021	$	(2,437	)	$	0		$	(2,437	)

(1) Net of taxes of $390 thousand for unrealized net gains on foreign exchange contract derivatives.

Income Tax Effects Related to Components of Other Comprehensive Income (Loss)

The following tables reflect the tax effects allocated to each component of other comprehensive income (loss) (“OCI”):

	Three Months Ended June 30,
	2022									2021
(In thousands)	Before-Tax Amount			Tax Effect			Net Amount			Before-Tax Amount			Tax Effect		Net Amount
Foreign currency translation adjustments	$	(717	)	$	0		$	(717	)	$	421		$	0	$	421
Derivatives qualifying as cash flow hedges:
Foreign exchange contracts:
Net (losses) gains arising during the period		(155	)		39			(116	)		(54	)		14		(40	)
Net losses (gains) reclassified into income		2			(1	)		1			(774	)		200		(574	)
Net change in unrealized (losses) gains on foreign exchange contracts		(153	)		38			(115	)		(828	)		214		(614	)
Other comprehensive (loss) income	$	(870	)	$	38		$	(832	)	$	(407	)	$	214	$	(193	)

	Six Months Ended June 30,
	2022								2021
(In thousands)	Before-Tax Amount			Tax Effect		Net Amount			Before-Tax Amount			Tax Effect			Net Amount
Foreign currency translation adjustments	$	(867	)	$	0	$	(867	)	$	520		$	0		$	520
Derivatives qualifying as cash flow hedges:
Foreign exchange contracts:
Net (losses) gains arising during the period		(303	)		77		(226	)		121			(31	)		90
Net (gains) losses reclassified into income		(101	)		25		(76	)		(1,630	)		421			(1,209	)
Net change in unrealized (losses) gains on foreign exchange contracts		(404	)		102		(302	)		(1,509	)		390			(1,119	)
Other comprehensive (loss) income	$	(1,271	)	$	102	$	(1,169	)	$	(989	)	$	390		$	(599	)