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Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
Accumulated other comprehensive income (loss) is a separate line within the Unaudited Condensed Consolidated Statements of Changes in Shareholders’ Equity that presents our other comprehensive income (loss) that has not been
reported as part of net loss. The components of accumulated other comprehensive income (loss) at June 30, 2024 and December 31, 2023 were as follows:
June 30, 2024
Gross Balance
Tax Effect
Net Balance
Foreign currency translation
Translation of foreign subsidiaries
$(7.8)$— $(7.8)
Realized gain on cross-currency swap
10.0 (2.4)7.6 
Unrealized loss on cross-currency swap
(4.3)1.0 (3.3)
Total$(2.1)$(1.4)$(3.5)
December 31, 2023
Gross Balance
Tax Effect
Net Balance
Foreign currency translation
Translation of foreign subsidiaries
$(3.6)$— $(3.6)
Realized gain on cross-currency swap
10.0 (2.4)7.6 
Unrealized loss on cross-currency swap
(6.3)1.6 (4.7)
Total foreign currency translation
0.1 (0.8)(0.7)
Unrealized gain on interest rate swaps
3.4 (0.6)2.8 
Total$3.5 $(1.4)$2.1 
The following tables present the changes in accumulated other comprehensive income (loss) by component for the six months ended June 30, 2024 and 2023:
Six Months Ended June 30, 2024
Foreign currency translation
Unrealized gain (loss) on interest rate swaps
Total
Beginning balance$(0.7)$2.8 $2.1 
Other comprehensive loss before reclassifications
(2.7)1.8 (0.9)
Amounts reclassified from accumulated other comprehensive income (loss)0.5 (4.0)(3.5)
Tax effects
(0.6)(0.6)(1.2)
Ending balance$(3.5)$ $(3.5)

Six Months Ended June 30, 2023
Foreign currency translation
Unrealized gain (loss) on interest rate swaps
Total
Beginning balance$(3.4)$8.6 $5.2 
Other comprehensive loss before reclassifications
1.1 1.5 2.6 
Amounts reclassified from accumulated other comprehensive income (loss)1.1 (3.7)(2.6)
Tax effects
(0.8)(0.2)(1.0)
Ending balance$(2.0)$6.2 $4.2