Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of Components of Accumulated Other Comprehensive Income Including Proportions Attributable to Non-controlling Interests

The components of accumulated other comprehensive income (loss), net of tax, for the three months ended June 30, 2023 and 2022 are as follows (in millions):


	Foreign currency translation adjustment		Valuation and amortization of derivative securities		Total
Balance, as of March 31, 2023	$	2.4	$	(11.7)	$	(9.3)
Foreign currency translation adjustment	0.8		—		0.8
Amortization related to derivatives securities, before tax	—		0.8		0.8
Tax impact	—		(0.2)		(0.2)
Other comprehensive income	0.8		0.6		1.4

Balance, as of June 30, 2023	$	3.2	$	(11.1)	$	(7.9)


	Foreign currency translation adjustment		Valuation and amortization of derivative securities		Total
Balance, as of March 31, 2022	$	4.1	$	(14.0)	$	(9.9)
Foreign currency translation adjustment	(2.4)		—		(2.4)
Amortization related to derivatives securities, before tax	—		0.8		0.8
Tax impact	—		(0.2)		(0.2)
Other comprehensive income (loss)	(2.4)		0.6		(1.8)
Balance, as of June 30, 2022	$	1.7	$	(13.4)	$	(11.7)

The components of accumulated other comprehensive income (loss), net of tax, for the six months ended June 30, 2023 and 2022 are as follows (in millions):


	Foreign currency translation adjustment		Valuation and amortization of derivative securities		Total
Balance, as of December 31, 2022	$	1.7	$	(12.3)	$	(10.6)
Foreign currency translation adjustment	1.5		—		1.5
Amortization related to derivatives securities, before tax	—		1.7		1.7
Tax impact	—		(0.5)		(0.5)
Other comprehensive income	1.5		1.2		2.7

Balance, as of June 30, 2023	$	3.2	$	(11.1)	$	(7.9)


	Foreign currency translation adjustment		Valuation and amortization of derivative securities		Total
Balance, as of December 31, 2021	$	4.8	$	(15.6)	$	(10.8)
Foreign currency translation adjustment	(3.1)		—		(3.1)
Amortization related to derivatives securities, before tax(1)	—		3.0		3.0
Tax impact	—		(0.8)		(0.8)
Other comprehensive income (loss)	(3.1)		2.2		(0.9)

Balance, as of June 30, 2022	$	1.7	$	(13.4)	$	(11.7)

(1)On January 18, 2022, the Company completed the full redemption of the $125 million aggregate principal amount outstanding of its 5.125% Senior Notes due August 1, 2031. As a result of this transaction, the Company recorded $1.3 million of amortization expense included in Amortization related to derivatives securities, before tax for the six months ended June 30, 2022.