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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive Loss

The following tables presents the changes in accumulated other comprehensive loss (AOCL) by component:

 

 

 

Six Months Ended June 30, 2022

 

 

 

Foreign

 

 

 

 

 

Foreign

 

 

 

 

 

 

currency

 

 

 

 

 

exchange

 

 

 

 

 

 

translation

 

 

Interest rate

 

 

forward

 

 

Total

 

 

 

adjustments

 

 

swap

 

 

contracts

 

 

AOCL

 

 

 

(in thousands)

 

Balance at December 31, 2021

 

$

(48,530

)

 

$

 

 

$

(5,476

)

 

$

(54,006

)

Other comprehensive income (loss) before reclassifications

 

 

43,369

 

 

 

 

 

 

3,345

 

 

 

46,714

 

Amounts reclassified from AOCL

 

 

 

 

 

 

 

 

(640

)

 

 

(640

)

Net tax effect

 

 

 

 

 

 

 

 

 

 

 

 

Net current period other comprehensive income (loss)

 

 

43,369

 

 

 

 

 

 

2,705

 

 

 

46,074

 

Balance at March 31, 2022

 

 

(5,161

)

 

 

 

 

 

(2,771

)

 

 

(7,932

)

Other comprehensive income (loss) before reclassifications

 

 

(7,346

)

 

 

 

 

 

(1,189

)

 

 

(8,535

)

Amounts reclassified from AOCL

 

 

 

 

 

 

 

 

(498

)

 

 

(498

)

Net tax effect

 

 

 

 

 

 

 

 

 

 

 

 

Net current period other comprehensive income (loss)

 

 

(7,346

)

 

 

 

 

 

(1,687

)

 

 

(9,033

)

Balance at June 30, 2022

 

$

(12,507

)

 

$

 

 

$

(4,458

)

 

$

(16,965

)

 

 

 

Six Months Ended June 30, 2021

 

 

 

Foreign

 

 

 

 

 

Foreign

 

 

 

 

 

 

currency

 

 

 

 

 

exchange

 

 

 

 

 

 

translation

 

 

Interest rate

 

 

forward

 

 

Total

 

 

 

adjustments

 

 

swap

 

 

contracts

 

 

AOCL

 

 

 

(in thousands)

 

Balance at December 31, 2020

 

$

(30,111

)

 

$

(3,443

)

 

$

564

 

 

$

(32,990

)

Other comprehensive income (loss) before reclassifications

 

 

(5,291

)

 

 

597

 

 

 

(2,281

)

 

 

(6,975

)

Amounts reclassified from AOCL

 

 

 

 

 

 

 

 

(2,002

)

 

 

(2,002

)

Net tax effect

 

 

 

 

 

(139

)

 

 

790

 

 

 

651

 

Net current period other comprehensive income (loss)

 

 

(5,291

)

 

 

458

 

 

 

(3,493

)

 

 

(8,326

)

Balance at March 31, 2021

 

 

(35,402

)

 

 

(2,985

)

 

 

(2,929

)

 

 

(41,316

)

Other comprehensive income (loss) before reclassifications

 

 

(4

)

 

 

452

 

 

 

259

 

 

 

707

 

Amounts reclassified from AOCL

 

 

 

 

 

 

 

 

(1,035

)

 

 

(1,035

)

Net tax effect

 

 

 

 

 

(105

)

 

 

190

 

 

 

85

 

Net current period other comprehensive income (loss)

 

 

(4

)

 

 

347

 

 

 

(586

)

 

 

(243

)

Balance at June 30, 2021

 

$

(35,406

)

 

$

(2,638

)

 

$

(3,515

)

 

$

(41,559

)