Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2022

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Schedule of Estimated Gross Fair Values of Derivative Instruments and Their Classification on Consolidated Balance Sheet

The estimated gross fair values of derivative instruments and their classification on the consolidated balance sheet at March 31, 2022 and December 31, 2021 were as follows:

(In thousands)	March 31, 2022		December 31, 2021
Assets:
Derivatives designated as effective hedging    instruments:
Other assets	$	1,738	$	—
Non-designated derivatives:
Other assets	$	1,397	$	—
Liabilities:
Derivatives designated as effective hedging    instruments:
Current portion of long-term liabilities	$	1,580	$	5,911
Other long-term liabilities		—		2,794
	$	1,580	$	8,705
Non-designated derivatives:
Current portion of long-term liabilities	$	1,252	$	4,714
Other long-term liabilities		—		2,224
	$	1,252	$	6,938

Schedule of Effect of Cash Flow Hedge Accounting on Accumulated OCI

The following table presents the effect of cash flow hedge accounting on accumulated OCI as of March 31, 2022 and 2021:

(In thousands)	For the Three Months Ended
	March 31, 2022			March 31, 2021
Derivatives designated as effective hedging instruments:
Gain related to effective portion of    derivatives recognized in accumulated    OCI, gross of tax effect	$	(7,125	)	$	(1,412	)
Loss related to effective portion of derivatives    reclassified from accumulated OCI to    interest expense, gross of tax effect		(1,739	)		(2,046	)
Non-designated derivatives:
Previously deferred loss on interest rate swap    agreements reclassified from accumulated    OCI to interest expense, gross of tax effect	$	(278	)	$	(304	)
Total other comprehensive income,    gross of tax	$	(9,142	)	$	(3,762	)

Schedule of Impact of Derivatives Not Designated as Hedges on Consolidated Statement of Operations

The following table presents the impact that non-designated derivatives had on our consolidated statement of operations for the three months ended March 31, 2022 and 2021:

(In thousands)	Statement of Operations Classification	March 31, 2022			March 31, 2021
Interest rate swap agreements:
Net gain related to ineffective portion of    derivatives, gross of tax effect	Other (income) expense, net	$	(5,695	)	$	(1,130	)
Previously deferred loss related to    de-designated swaps reclassified from    accumulated OCI, gross of tax effect	Interest expense		278			304
		$	(5,417	)	$	(826	)