Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2023

Other Comprehensive Income (Loss)

Other Comprehensive Income (Loss)

5.Other Comprehensive Income (Loss)

The following table presents the tax effect on each component of “Other comprehensive income (loss)” and excludes noncontrolling interest:

	For the Years Ended December 31,
	2023						2022						2021
	Before		Tax		Net		Before		Tax		Net		Before		Tax		Net
	Tax		(Expense)		of Tax		Tax		(Expense)		of Tax		Tax		(Expense)		of Tax
	Amount		Benefit		Amount		Amount		Benefit		Amount		Amount		Benefit		Amount
	(In thousands)
Foreign currency translation adjustments	$	15,479	$	(503)	$	14,976	$	33,742	$	710	$	34,452	$	(17,885)	$	(482)	$	(18,367)
Unrealized holding gains (losses) on available-for-sale securities		(306)		65		(241)		536		(1,071)		(535)		(694)		998		304
Recognition of previously unrealized (gains) losses on available-for-sale securities included in net income (loss)		550		(74)		476		(25)		2		(23)		(25)		3		(22)
Other		—		—		—		2,660		—		2,660		(5,005)		—		(5,005)
Other comprehensive income (loss)	$	15,723	$	(512)	$	15,211	$	36,913	$	(359)	$	36,554	$	(23,609)	$	519	$	(23,090)

The “Accumulated other comprehensive income (loss)” is detailed in the following table, net of tax and excludes noncontrolling interest:

		Foreign		Unrealized/
		Currency		Recognized
		Translation		Gains
Accumulated Other Comprehensive Income (Loss)		Adjustment		(Losses)	Other		Total
	(In thousands)
Balance as of December 31, 2021	$	(209,499)	$	436	$	(2,758)	$	(211,821)
Foreign currency translation adjustments		34,452		—		—		34,452
Other comprehensive income (loss) before reclassification		—		(535)		2,660		2,125
Amounts reclassified from accumulated other comprehensive income (loss)		—		(23)		—		(23)
Balance as of December 31, 2022	$	(175,047)	$	(122)	$	(98)	$	(175,267)
Foreign currency translation adjustments		14,878		—		98		14,976
Other comprehensive income (loss) before reclassification		—		(241)		—		(241)
Amounts reclassified from accumulated other comprehensive income (loss)		—		476		—		476
Balance as of December 31, 2023	$	(160,169)	$	113	$	—	$	(160,056)