DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

3 Months Ended

Mar. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value of Derivative Instruments

As of March 31, 2022 and December 31, 2021, the fair value of the derivative instruments is presented as follows in the Company's consolidated balance sheets:

Derivative assets (liabilities)	March 31, 2022		December 31, 2021
Interest rate swap	$	(74)	$	(2,158)
Cross-currency swap	956		(500)
Derivative assets (liabilities)	$	882	$	(2,658)

Schedule of Gains (Losses) on Hedging Instruments

Gains on our hedging instruments are recognized in accumulated other comprehensive income (loss) and categorized as follows for the three months ended March 31, 2022 and 2021:

	Location within Statements of Comprehensive Income	Three Months Ended March 31,
		2022		2021
Cash flow hedge (interest rate swap), net of tax	Unrealized gain on cash flow hedge, net	$	1,573	$	512
Net investment hedge (cross-currency swap), net of tax	Net foreign currency translation adjustment	1,123		3,197
Total		$	2,696	$	3,709