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Accumulated Other Comprehensive Income
 6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Accumulated Other Comprehensive Income Accumulated Other Comprehensive Income
The following table summarizes the changes in accumulated other comprehensive income ("AOCI") attributable to the Company:
Three months ended June 30,Six months ended June 30,
(in thousands)2025202420252024
Currency Translation Adjustment
Beginning balance$(11,691)$(5,499)$(13,469)$(2,581)
Other comprehensive income (loss) before reclassifications
8,886 (1,965)10,664 (4,883)
  Tax effect— — — — 
Other comprehensive income (loss), net of tax
8,886 (1,965)10,664 (4,883)
Ending balance$(2,805)$(7,464)$(2,805)$(7,464)
Hedging Adjustment
Beginning balance$16,252 $24,624 $21,571 $20,985 
Other comprehensive (loss) income before reclassifications
(2,073)3,083 (6,819)11,879 
Amounts reclassified from AOCI (a)
(2,077)(3,203)(4,151)(7,156)
  Tax effect (c)926 30 2,427 (1,174)
Other comprehensive (loss) income, net of tax
(3,224)(90)(8,543)3,549 
Ending balance$13,028 $24,534 $13,028 $24,534 
Pension and Other Postretirement Adjustment
Beginning balance$4,038 $4,028 $4,225 $4,203 
Other comprehensive (loss) income before reclassifications
(22)5 (1,489)10 
Amounts reclassified from AOCI (b)
(214)(228)(428)(456)
  Tax effect (c)51 48 1,545 96 
Other comprehensive loss, net of tax
(185)(175)(372)(350)
Ending balance$3,853 $3,853 $3,853 $3,853 
Investments in Convertible Preferred Securities Adjustment
Ending balance$258 $258 $258 $258 
Total AOCI Ending Balance$14,334 $21,181 $14,334 $21,181 
(a)Gains and losses on cash flow hedges are reclassified from AOCI to income when the hedged item affects earnings. Gains and losses from interest rate derivatives are recognized in Interest expense, net as interest payments are made on the Company's variable rate debt. When interest rate derivatives are settled prior to maturity the gain or loss is recognized in Other income, net. See Note 3 for additional information.
(b)This accumulated other comprehensive loss component is included in the computation of net periodic benefit cost recorded in Operating, administrative and general expenses.
(c)The Company utilizes the aggregate approach for releasing disproportionate income tax effects in AOCI.