Accumulated other comprehensive (loss) income

9 Months Ended

Sep. 30, 2023

Statement of Comprehensive Income [Abstract]

Accumulated other comprehensive loss


	Three months ended September 30, 2023						Nine months ended September 30, 2023
	Interest rate cap agreements		Foreign currency translation adjustments		Accumulated other comprehensive loss		Interest rate cap agreements		Foreign currency translation adjustments		Accumulated other comprehensive loss
Beginning balance	$	85,297	$	(92,349)	$	(7,052)	$	98,685	$	(167,871)	$	(69,186)
Unrealized gains (losses)	9,319		(47,644)		(38,325)		37,712		27,878		65,590
Related income tax	(2,323)		—		(2,323)		(9,407)		—		(9,407)
	6,996		(47,644)		(40,648)		28,305		27,878		56,183
Reclassification into net income	(28,244)		—		(28,244)		(74,475)		—		(74,475)
Related income tax	7,046		—		7,046		18,580		—		18,580
	(21,198)		—		(21,198)		(55,895)		—		(55,895)
Ending balance	$	71,095	$	(139,993)	$	(68,898)	$	71,095	$	(139,993)	$	(68,898)


	Three months ended September 30, 2022						Nine months ended September 30, 2022
	Interest rate cap agreements		Foreign currency translation adjustments		Accumulated other comprehensive loss		Interest rate cap agreements		Foreign currency translation adjustments		Accumulated other comprehensive loss
Beginning balance	$	55,237	$	(167,033)	$	(111,796)	$	(1,178)	$	(138,069)	$	(139,247)
Unrealized gains (losses)	55,045		(66,100)		(11,055)		127,460		(95,064)		32,396
Related income tax	(13,733)		—		(13,733)		(31,800)		—		(31,800)
	41,312		(66,100)		(24,788)		95,660		(95,064)		596
Reclassification into net income	1,377		—		1,377		4,132		—		4,132
Related income tax	(344)		—		(344)		(1,032)		—		(1,032)
	1,033		—		1,033		3,100		—		3,100
Ending balance	$	97,582	$	(233,133)	$	(135,551)	$	97,582	$	(233,133)	$	(135,551)

The interest rate cap agreement net realized losses reclassified into net income are recorded as debt expense in the corresponding consolidated statements of income. See Note 7 for further details.