Accumulated Other Comprehensive (Loss) Income

9 Months Ended

Sep. 30, 2023

Accumulated Other Comprehensive (Loss) Income

The components of accumulated other comprehensive (loss) income, net of tax of zero and $1.5 million for the nine months ended September 30, 2023 and 2022, respectively, consisted of the following:


(in thousands)	Foreign currency translation		Unrealized loss on cash flow hedges		Accumulated other comprehensive income (loss)
Balance at January 1, 2023	$	(1,259)	$	—	$	(1,259)
Other comprehensive income before reclassifications	224		—		224
Amounts reclassified to earnings	—		—		—
Balance at September 30, 2023	$	(1,035)	$	—	$	(1,035)

Balance at January 1, 2022	$	(754)	$	269	$	(485)
Other comprehensive (loss) income before reclassifications	(463)		4,112		3,649
Amounts reclassified to earnings	—		(170)		(170)
Balance at September 30, 2022	$	(1,217)	$	4,211	$	2,994