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Accumulated Other Comprehensive Loss (Tables)
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive (Loss) Income The activity in AOCI for the three and six months ended June 30, 2025 and 2024 is as follows:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
(In thousands)
Opening balance - accumulated other comprehensive loss$(42,012)$(4,534)$(27,279)$(16,640)
Pension and other postretirement benefits:
Balance at beginning of period, net of tax$849 $370 $898 $383 
Loss arising during period(49)(91)(98)(104)
Net loss on pension and other postretirement benefit(49)(91)(98)(104)
Balance at end of period, net of tax$800 $279 $800 $279 
Foreign currency:
Balance at beginning of period, net of tax$(51,876)$(32,168)$(46,028)$(31,587)
Cumulative translation adjustment71,771 262 105,264 27,115 
Non-derivative net investment hedges(1)
(85,758)(10,886)(125,099)(38,320)
Derivative net investment hedge(1)
(1,598)— (1,598)— 
Reclassification of CTA to earnings upon sale of partially owned entity2,372 — 2,372 — 
Net loss on foreign currency translation(13,213)(10,624)(19,061)(11,205)
Balance at end of period, net of tax$(65,089)$(42,792)$(65,089)$(42,792)
Designated derivatives:
Balance at beginning of period, net of tax$9,015 $27,264 $17,851 $14,564 
Cash flow hedge derivatives(1)
(6,572)2,575 (14,341)23,613 
Net amount reclassified from AOCI to net income (loss)(1)
3,378 (1,639)2,311 (9,977)
Net (loss) gain on designated derivatives(3,194)936 (12,030)13,636 
Balance at end of period, net of tax$5,821 $28,200 $5,821 $28,200 
Closing balance - accumulated other comprehensive loss$(58,468)$(14,313)$(58,468)$(14,313)
(1)Refer to Note 5 - Derivative Financial Instruments for details of our derivative and designated non-derivative financial instruments, including the classification on the Condensed Consolidated Statements of Operations for items reclassified from AOCI to Net income (loss).