Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 2022

Accumulated Other Comprehensive Loss.

Accumulated Other Comprehensive Loss

8. Accumulated Other Comprehensive Loss

Components of comprehensive income (loss) are net income (loss) and all changes in equity during a period except those resulting from transactions with owners. Our accumulated other comprehensive loss consists of changes in the fair value of our interest rate swap derivative instruments, net of tax.

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(in thousands)	2022		2021		2022		2021
Beginning accumulated other comprehensive loss	$	—	$	(4,010)	$	(984)	$	(5,006)
Other comprehensive income, net of tax:
Loss recognized in other comprehensive income, net of tax benefit of $0, $16, $107 and $18, respectively		—		(63)		(405)		(71)
Loss reclassified from accumulated other comprehensive loss to interest expense, net of tax benefit of $0, $273, $369 and $540, respectively		—		1,029		1,389		2,033
Total other comprehensive income		—		966		984		1,962
Ending accumulated other comprehensive loss	$	—	$	(3,044)	$	—	$	(3,044)

See Note 15 (“Derivatives”) for further details on our interest rate swap derivative instruments.