Equity (Tables)

3 Months Ended

Mar. 31, 2024

Equity [Abstract]

Components and Activity in Accumulated Other Comprehensive (Loss) Income Net of Deferred Income Taxes

The components and activity in Accumulated other comprehensive loss (net of deferred income taxes) consisted of the following during the periods indicated below (in thousands):

	Three Months Ended March 31, 2024						Three Months Ended March 31, 2023
	Foreign Currency Translation and Other		Cash Flow Hedge(a)		Total		Foreign Currency Translation and Other		Cash Flow Hedge(a)		Total
Balance, beginning of period	$	(536,601)	$	8,075	$	(528,526)	$	(562,886)	$	2,224	$	(560,662)
Other comprehensive (loss) income before reclassifications	(50,237)		(21,342)		(71,579)		46,200		1,101		47,301
Amounts reclassified from accumulated other comprehensive loss	17		2,682		2,699		16		—		16
Other comprehensive (loss) income, net of tax	(50,220)		(18,660)		(68,880)		46,216		1,101		47,317
Other comprehensive income attributable to noncontrolling interests	201		—		201		8		—		8
Balance, end of period	$	(586,620)	$	(10,585)	$	(597,205)	$	(516,662)	$	3,325	$	(513,337)

(a)We entered into a foreign currency forward contract, which was designated and accounted for as a cash flow hedge under ASC 815, Derivatives and Hedging. See Note 13, “Fair Value of Financial Instruments,” for additional information.

Amount of Income Tax (Expense) Benefit Allocated to Component Of Other Comprehensive Income (Loss)

The amount of income tax expense allocated to each component of Other comprehensive (loss) income for the three-month periods ended March 31, 2024 and 2023 is provided in the following tables (in thousands):

	Three Months Ended March 31, 2024						Three Months Ended March 31, 2023
	Foreign Currency Translation and Other		Cash Flow Hedge		Total		Foreign Currency Translation and Other		Cash Flow Hedge		Total
Other comprehensive (loss) income, before tax	$	(50,217)	$	(26,657)	$	(76,874)	$	45,978	$	1,101	$	47,079
Income tax (expense) benefit	(3)		7,997		7,994		238		—		238
Other comprehensive (loss) income, net of tax	$	(50,220)	$	(18,660)	$	(68,880)	$	46,216	$	1,101	$	47,317