Accumulated Other Comprehensive (Loss) Income (Tables)

3 Months Ended

Mar. 31, 2023

Equity [Abstract]

Schedule of Accumulated Other Comprehensive (Loss) Income

The activity in AOCI for the three months ended March 31, 2023 and 2022 is as follows (in thousands):

	Three Months Ended March 31,
	2023		2022
Pension and other postretirement benefits:
Gain arising during the period	$	698	$	62
Amortization of prior service cost (1)	—		5
Total pension and other postretirement benefits, net of tax	$	698	$	67
Foreign currency translation adjustments:
Cumulative translation adjustment	$	10,801	$	(12,506)
Derivative net investment hedges	(10,622)		23,692
Total foreign currency translation adjustments	$	179	$	11,186
Designated derivatives:
Cash flow hedge derivatives	$	(8,564)	(4,325)
Net amount reclassified from AOCI to net loss	(4,000)		4,476
Total unrealized (loss) gain on derivative contracts	$	(12,564)	$	151
Total change in other comprehensive loss	$	(11,687)	$	11,404

(1)Amounts reclassified from AOCI for pension liabilities are recognized in “Selling, general and administrative” in the accompanying condensed consolidated statements of operations.