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Accumulated Other Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income
The following table summarizes the changes in Accumulated other comprehensive income attributable to the Company ("AOCI") for the years ended December 31, 2023 and 2022:
Year Ended December 31,
(in thousands)20232022
Currency Translation Adjustment
Beginning balance$(8,203)$5,631 
Other comprehensive income (loss) before reclassifications5,622 (13,834)
Tax effect — 
Other comprehensive income (loss), net of tax5,622 (13,834)
Ending Balance$(2,581)$(8,203)
Cash Flow Hedges
Beginning balance$23,546 $(5,335)
Other comprehensive income (loss) before reclassifications6,725 37,575 
Amounts reclassified from AOCI (a)
(10,132)989 
Tax effect846 (9,683)
Other comprehensive income (loss), net of tax(2,561)28,881 
Ending Balance$20,985 $23,546 
Pension and Other Postretirement Plans
Beginning balance$4,883 $640 
Other comprehensive income (loss) before reclassifications19 6,492 
Amounts reclassified from AOCI (b)
(911)(911)
Tax effect212 (1,338)
Other comprehensive income (loss), net of tax(680)4,243 
Ending Balance$4,203 $4,883 
Investments in Convertible Preferred Securities
Beginning balance$258 $258 
Other comprehensive income (loss), net of tax — 
Ending Balance$258 $258 
Total AOCI Ending Balance$22,865 $20,484 
(a)Amounts reclassified from gain (loss) on cash flow hedges are reclassified from AOCI to the Consolidated Statements of Operations when the hedged item affects earnings and is recognized in Interest expense, net. See Note 5 for additional information.
(b)This AOCI component is included in the computation of net periodic benefit cost recorded in Operating, administrative and general expenses within the Consolidated Statements of Operations.