DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

9 Months Ended

Sep. 30, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value of Derivative Instruments

As of September 30, 2021 and December 31, 2020, the fair value of the derivative instruments is presented as follows in the Company's condensed consolidated balance sheets:

Derivative liabilities	September 30, 2021		December 31, 2020
Interest rate swap	$	3,282	$	4,865
Cross-currency swap	1,662		6,793
Derivative liabilities	$	4,944	$	11,658

Schedule of Gains (Losses) on Hedging Instruments

Losses and gains on our hedging instruments are recognized in accumulated other comprehensive income (loss) and categorized as follows for the three and nine months ended September 30, 2021 and 2020:

	Location within Statements of Comprehensive Income	Three Months Ended September 30,				Nine Months Ended September 30,
		2021		2020		2021		2020
Cash flow hedge (interest rate swap), net of tax	Unrealized gain/(loss) on cash flow hedge, net	$	341	$	227	$	1,204	$	(2,659)
Net investment hedge (cross-currency swap), net of tax	Net foreign currency translation adjustment	1,715		(3,891)		3,888		(986)
Total		$	2,056	$	(3,664)	$	5,092	$	(3,645)