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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Statement of Comprehensive Income [Abstract]    
Net income $ 51,331 $ 36,178
Other comprehensive income/(loss):    
Unrealized gain/(loss) on cash flow hedges 7,294 (517)
Foreign currency translation gain/(loss) 5,313 (7,445)
Reclassification adjustments:    
(Gain)/ loss on cash flow hedges [1] 3,065 (1,989)
Retirement benefits [2] (25) 155
Income tax effects relating to above [3] (2,991) 964
Total other comprehensive income/(loss) 12,656 (8,832)
Total comprehensive income $ 63,987 $ 27,346
[1] These are reclassified to net income and are included in cost of revenues, operating expenses and interest expense, as applicable in the unaudited consolidated statements of income. Refer to Note 17 - 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 20 - 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 gain/(loss). Refer to Note 22 - Income Taxes to the unaudited consolidated financial statements.