Note 6 - Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2024

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

6.   Accumulated Other Comprehensive Loss

The following table presents a disclosure of changes in AOCL during the three and nine months ended September 30, 2024 and 2023, net of tax:

	Foreign Currency Translation Adjustments				Unrealized Gain (Loss) on Cash Flow Hedges				Total
Beginning Balance – July 1, 2024	$	(72,220	)		$	28,691			$	(43,529	)
Other comprehensive income (loss)		25,719		(1)		(10,177	)	(2)		15,542
Ending Balance – September 30, 2024	$	(46,501	)		$	18,514			$	(27,987	)

	Foreign Currency Translation Adjustments				Unrealized Gain (Loss) on Cash Flow Hedges			Total
Beginning Balance – July 1, 2023	$	(53,923	)		$	37,707		$	(16,216	)
Other comprehensive income (loss)		(26,443	)	(3)		1,045	(4)		(25,398	)
Ending Balance – September 30, 2023	$	(80,366	)		$	38,752		$	(41,614	)

	Foreign Currency Translation Adjustments				Unrealized Gain (Loss) on Cash Flow Hedges				Total
Beginning Balance – January 1, 2024	$	(43,582	)		$	28,439			$	(15,143	)
Other comprehensive income (loss)	(2,919		)	(5)	(9,925		)	(6)		(12,844	)
Ending Balance – September 30, 2024	$	(46,501	)		$	18,514			$	(27,987	)

	Foreign Currency Translation Adjustments				Unrealized Gain (Loss) on Cash Flow Hedges			Total
Beginning Balance – January 1, 2023	$	(101,545	)		$	36,443		$	(65,102	)
Other comprehensive income (loss)		21,179		(7)		2,309	(8)		23,488
Ending Balance – September 30, 2023	$	(80,366	)		$	38,752		$	(41,614	)

(1)	Represents favorable impact from the weakening of the U.S. dollar against foreign currencies during the three months ended September 30, 2024, particularly the Euro and British Pound.
(2)	Represents unrealized losses of $(13,577) on the interest rate swaps, net of tax effect of $3,400, for the three months ended September 30, 2024.
(3)	Represents unfavorable impact from the strengthening of the U.S. dollar against foreign currencies during the three months ended September 30, 2023, particularly the Euro, British Pound, and Mexican Peso.
(4)	Represents unrealized gains of $1,394 on the interest rate swaps, net of tax effect of $(349) for the three months ended September 30, 2023.
(5)	Represents a slightly unfavorable impact from the strengthening of the U.S. dollar against foreign currencies during the nine months ended September 30, 2024, particularly the Euro.
(6)	Represents unrealized losses of $(13,241) on the interest rate swaps, net of tax effect of $3,316 for the nine months ended September 30, 2024.
(7)	Represents favorable impact from the weakening of the U.S. dollar against foreign currencies during the nine months ended September 30, 2023, particularly the Euro, British Pound, and Mexican Peso.
(8)	Represents unrealized gains of $3,081 on the interest rate swaps, net of tax effect of $(772) for the nine months ended September 30, 2023.