DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2024

DERIVATIVE FINANCIAL INSTRUMENTS

Schedule of fair value of the Company's derivative financial instruments as well as classification on the condensed consolidated balance sheets

		Asset Derivatives
		Fair value as of:
Derivatives designated as	Balance Sheet	September 30,		December 31,
hedging instruments	Location	2024		2023
Foreign currency contracts	Prepaid expenses and other assets	$	27	$	54
Interest rate swaps	Prepaid expenses and other assets		567		2,254
Interest rate swaps	Other long-term assets		1,348		2,177
		$	1,942	$	4,485
		Liability Derivatives
		Fair value as of:
Derivatives designated as	Balance Sheet	September 30,		December 31,
hedging instruments	Location	2024		2023
Foreign currency contracts	Accrued liabilities	$	13	$	—
		$	13	$	—

Schedule of effect of cash flow hedge accounting on other comprehensive income (loss) (OCI)

	Amount of pre-tax (loss) gain recognized				Amount of pre-tax gain recognized
	in OCI on derivatives				in OCI on derivatives
Derivatives in cash flow hedging relationships	Three months ended September 30,				Nine months ended September 30,
	2024		2023		2024		2023
Interest rate swaps	$	(745)	$	790	$	566	$	1,995

	Amount of pre-tax gain reclassified				Amount of pre-tax gain reclassified
	from accumulated OCI into income				from accumulated OCI into income
Location of gain reclassified	Three months ended September 30,				Nine months ended September 30,
from accumulated OCI into income	2024		2023		2024		2023
Interest expense	$	1,064	$	1,014	$	3,134	$	2,854

Schedule of effect of the Company's derivative financial instruments on the condensed consolidated statements of income and comprehensive income

		Total amounts of income and expense				Total amounts of income and expense
		line items presented that reflect the				line items presented that reflect the
		effects of cash flow hedges recorded				effects of cash flow hedges recorded
		Three months ended September 30,				Nine months ended September 30,
Derivatives designated as hedging instruments	Income Statement Location	2024		2023		2024		2023
Interest rate swaps	Interest Expense	$	3,435	$	3,164	$	10,207	$	9,309

Schedule of fair value provides the location that derivative assets and liabilities

Derivative assets:

Net amounts

Gross amounts

of assets

Gross amounts not offset in the consolidated

As of

Gross amounts

offset in the

presented in the

balance sheets

September 30,

of recognized

consolidated

consolidated

Financial

Cash collateral

2024

assets

balance sheets

balance sheets

instruments

received

Net amount

Derivatives

$

1,942

$

—

$

1,942

$

—

$

—

$

1,942

Net amounts

Gross amounts

of assets

Gross amounts not offset in the consolidated

As of

Gross amounts

offset in the

presented in the

balance sheets

December 31,

of recognized

consolidated

consolidated

Financial

Cash collateral

2023

assets

balance sheets

balance sheets

instruments

received

Net amount

Derivatives

$

4,485

$

—

$

4,485

$

—

$

—

$

4,485