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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Statement of Comprehensive Income [Abstract]    
Net income $ 36,178 $ 31,931
Other comprehensive income/(loss):    
Unrealized gain/(loss) on cash flow hedges (517) 568
Foreign currency translation loss (7,445) (1,911)
Reclassification adjustments    
Gain on cash flow hedges [1] (1,989) (2,829)
Retirement benefits [2] 155 179
Income tax effects relating to above [3] 964 224
Total other comprehensive income/(loss) (8,832) (3,769)
Total comprehensive income $ 27,346 $ 28,162
[1] These are reclassified to net income and are included in cost of revenues and operating expenses, as applicable in the unaudited consolidated statements of income. Refer to Note 16 - Derivatives and Hedge Accounting to the unaudited consolidated financial statements.
[2] These are reclassified to net income and are included in other income, net in the unaudited consolidated statements of income. Refer to Note 19 - Employee Benefit Plans to the unaudited consolidated financial statements.
[3] These are income tax effects recognized on cash flow hedges, retirement benefits and foreign currency translation gains/(losses). Refer to Note 21 - Income Taxes to the unaudited consolidated financial statements.