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Accumulated Other Comprehensive Loss - Components of Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Accumulated Other Comprehensive Income Loss [Line Items]        
Balance $ 846,689 $ 803,302 $ 853,211 $ 803,470
Current period other comprehensive (loss) income:        
Total current period other comprehensive income (loss) 3,151 (4,211) 1,817 (1,552)
Balance 872,845 819,417 872,845 819,417
Foreign Currency Translation Adjustments        
Accumulated Other Comprehensive Income Loss [Line Items]        
Balance (12,495) (10,700) (14,056) (8,759)
Current period other comprehensive (loss) income:        
Other comprehensive (loss) income before reclassifications 1,652 (6,721) 3,405 (9,025)
Effect of taxes [1] 10 859 (182) 1,222
Total current period other comprehensive income (loss) 1,662 (5,862) 3,223 (7,803)
Balance (10,833) (16,562) (10,833) (16,562)
Gain on Sale of Interest Rate Hedge Agreement        
Accumulated Other Comprehensive Income Loss [Line Items]        
Balance [2]   437 41 569
Current period other comprehensive (loss) income:        
Amounts reclassified from accumulated other comprehensive (loss) income [2],[3]   (180) (60) (360)
Effect of taxes [1],[2]   48 19 96
Total current period other comprehensive income (loss) [2]   (132) (41) (264)
Balance [2]   305   305
Change in Fair Value of Interest Rate Hedge Agreements        
Accumulated Other Comprehensive Income Loss [Line Items]        
Balance [4] 3,028 1,887 5,882 (2,845)
Current period other comprehensive (loss) income:        
Other comprehensive (loss) income before reclassifications [4] 3,811 1,793 1,279 7,302
Amounts reclassified from accumulated other comprehensive (loss) income [3],[4] (1,778) 596 (3,138) 1,498
Effect of taxes [1],[4] (544) (606) 494 (2,285)
Total current period other comprehensive income (loss) [4] 1,489 1,783 (1,365) 6,515
Balance [4] 4,517 3,670 4,517 3,670
Accumulated Other Comprehensive Loss        
Accumulated Other Comprehensive Income Loss [Line Items]        
Balance (9,467) (8,376) (8,133) (11,035)
Current period other comprehensive (loss) income:        
Other comprehensive (loss) income before reclassifications 5,463 (4,928) 4,684 (1,723)
Amounts reclassified from accumulated other comprehensive (loss) income [3] (1,778) 416 (3,198) 1,138
Effect of taxes [1] (534) 301 331 (967)
Total current period other comprehensive income (loss) 3,151 (4,211) 1,817 (1,552)
Balance $ (6,316) $ (12,587) $ (6,316) $ (12,587)
[1] The Company’s effective tax rate for the three months ended June 30, 2023 and 2022 was 4.4% and 28.6%, respectively, and 14.0% and 28.1% for the six months ended June 30, 2023 and 2022.
[2] Represents the unamortized value of an interest rate hedge agreement, designated as a cash flow hedge, which was sold on December 1, 2016. The fair value of the interest rate hedge agreement, at the date of the sale, was recorded in other comprehensive income, net of tax, and is being reclassified to interest expense when earnings are impacted by the hedged items and as interest payments are made on the Credit Facility from January 31, 2018 to January 31, 2023.
[3] The Company expects to reclassify $6.6 million of gains related to the Change in Fair Value of Interest Rate Hedge Agreement from accumulated other comprehensive loss into earnings during the next 12 months.
[4] Represents the change in fair value of interest rate hedge agreements designated as cash flow hedges. The fair value of the interest rate hedge agreements was recorded in other comprehensive income, net of tax, and will be reclassified to earnings when earnings are impacted by the hedged items, as interest payments are made on the Credit Facility from August 31, 2018 to June 27, 2028 (see “Note 8 — Derivative Instruments and Hedging Activities”).