Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Schedule of Foreign Currency Transaction Gains and Losses

The following table summarizes foreign currency transaction gains and losses recognized in the income statement:

(in thousands)	2020		2019		2018
Losses/(gains) included in:
Selling, general, and administrative expenses	$	1,875	$	1,281	$	(274)
Other expense, net	13,569		(4,471)		(67)
Total transaction losses/(gains)	$	15,444	$	(3,190)	$	(341)

Schedule of Intercompany Foreign Currency Balances

The following table presents foreign currency gains on long-term intercompany loans that were recognized in Other comprehensive income:

(in thousands)	2020		2019		2018
Gain (before tax) on long-term intercompany loan	$	(4,985)	$	—	$	—