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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
12 Months Ended
Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Instruments
As of December 31, 2021 and 2020, the fair value of the derivative instruments is presented as follows in the Company's consolidated balance sheets:

Derivative liabilities20212020
Interest rate swap$2,158 $4,865 
Cross-currency swap500 6,793 
Derivative liabilities$2,658 $11,658 
Schedule of Income (Loss) on Hedging Instruments
Losses and gains on our hedging instruments are recognized in accumulated other comprehensive income (loss) and categorized as follows for the year ended December 31, 2021, 2020, and 2019:

Location within Statements of Comprehensive IncomeYear ended December 31
202120202019
Cash flow hedge (interest rate swap), net of taxUnrealized gain (loss) on cash flow hedge, net$2,053 $(2,285)$(1,399)
Net investment hedge (cross-currency swap), net of taxNet foreign currency translation adjustment4,766 (4,882)(262)
$6,819 $(7,167)$(1,661)