Series B Convertible Preferred Stock and Stockholders’ Equity (Tables)

12 Months Ended

Dec. 31, 2020

Stockholders' Equity Note [Abstract]

Change in Series B preferred stock

The following table summarizes the changes to the Company's Redeemable non-controlling interest.

(in thousands)	Year Ended December 31, 2020		Year Ended December 31, 2019
Beginning balance	$	(7,701)	$	(8,263)
Net loss attributable to redeemable non-controlling interest	394		678
Adjustment of NCI to redemption value	(1,139)		(116)
Ending balance	$	(8,446)	$	(7,701)

The below table outlines the change in Series B Preferred Stock during the twelve months ended December 31, 2020.

	Series B-1 Convertible Preferred Stock			Series B-2 Convertible Preferred Stock			Series B Convertible Preferred Stock
(in thousands, except share)	Shares	Amount		Shares	Amount		Shares	Amount
Balance at December 31, 2019	—	$	—	—	$	—	—	$	—
Issuance of preferred stock	150,000	150,000		150,000	—		—	—
Exchange to Series B preferred stock	(150,000)	(150,000)		(150,000)	—		150,000	150,000
Issuance related expenses	—	—		—	—		—	(11,516)
In kind dividend	—	—		—	—		—	5,244
Balance at December 31, 2020	—	$	—	—	$	—	150,000	$	143,728

Schedule of accumulated other comprehensive loss

Accumulated Other Comprehensive Loss

(in thousands)	December 31, 2020		December 31, 2019
Foreign currency translation adjustments	$	(31,368)	$	(32,880)
Unrealized gain on hedging activity	—		1,876
Pension and other postretirement benefit plans	(299)		(56)
Total	$	(31,667)	$	(31,060)