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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Statement of Comprehensive Income [Abstract]        
Net income $ 35,846 $ 28,021 $ 72,024 $ 59,952
Other comprehensive income/(loss):        
Unrealized loss on cash flow hedges (14,632) (871) (15,149) (303)
Loss on net investment hedges 0 (1,134) 0 (1,134)
Foreign currency translation loss (22,782) (4,775) (30,227) (6,686)
Reclassification adjustments        
Gain on cash flow hedges [1] (1,459) (2,866) (3,448) (5,695)
Retirement benefits [2] 149 176 304 355
Income tax effects relating to above [3] 3,656 1,478 4,620 1,702
Total other comprehensive income/(loss) (35,068) (7,992) (43,900) (11,761)
Total comprehensive income $ 778 $ 20,029 $ 28,124 $ 48,191
[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/(loss), 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.