Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2024

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Summary of Changes in Accumulated Other Comprehensive Income (Loss) by Component

The following table presents changes in accumulated other comprehensive income (loss) by component for the nine months ended September 30, 2024 and 2023.

				Cumulative
	Cash Flow			Translation
(in thousands)	Hedges (1)(2)			Adjustment			Total
Balance, December 31, 2023	$	31,460		$	(132	)	$	31,328
Other comprehensive income before reclassification and tax		—			105			105
Tax impact		—			(26	)		(26	)
Reclassification adjustments, before tax		(12,509	)		—			(12,509	)
Tax impact		3,057			—			3,057
Net current period other comprehensive income (loss)		(9,452	)		79			(9,373	)
Balance, September 30, 2024	$	22,008		$	(53	)	$	21,955
Balance, December 31, 2022	$	35,614		$	(172	)	$	35,442
Other comprehensive income (loss) before reclassification and tax		12,387			4			12,391
Tax impact		(3,008	)		(1	)		(3,009	)
Reclassification adjustments, before tax		(14,005	)		—			(14,005	)
Tax impact		3,401			—			3,401
Net current period other comprehensive income (loss)		(1,225	)		3			(1,222	)
Balance, September 30, 2023	$	34,389		$	(169	)	$	34,220

(1) Reclassifications out of accumulated other comprehensive income (loss) related to cash flow hedges are recorded in interest expense and other financing costs.

(2)On October 30, 2023, the Company terminated the Swap. The termination resulted in a $44.4 million deferred gain recorded in AOCI, before tax, which is being amortized on a straight-line basis over the remaining term of the hedged debt (through July 1, 2026). Please refer to Note 14, Derivatives, for further information on the monetization of the gain on the Swap.