ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

3 Months Ended

Mar. 31, 2024

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [ABSTRACT]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

(12)ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table presents changes in the accumulated balance for each component of Other comprehensive income (loss), including current period other comprehensive income (loss) and reclassifications out of Accumulated other comprehensive income (loss) (in thousands):

	Foreign
	Currency		Derivative
	Translation		Valuation, Net		Other, Net
	Adjustment		of Tax		of Tax		Totals
Accumulated other comprehensive income (loss) at December 31, 2022	$	(123,734)	$	89	$	(2,656)	$	(126,301)
Other comprehensive income (loss) before reclassifications		8,988		6,935		10		15,933
Amounts reclassified from accumulated other comprehensive income (loss)		301		(384)		62		(21)
Net current period other comprehensive income (loss)		9,289		6,551		72		15,912
Accumulated other comprehensive income (loss) at March 31, 2023	$	(114,445)	$	6,640	$	(2,584)	$	(110,389)
Accumulated other comprehensive income (loss) at December 31, 2023	$	(93,144)	$	6,315	$	(3,047)	$	(89,876)
Other comprehensive income (loss) before reclassifications		(3,743)		966		12		(2,765)
Amounts reclassified from accumulated other comprehensive income (loss)		—		(1,201)		109		(1,092)
Net current period other comprehensive income (loss)		(3,743)		(235)		121		(3,857)
Accumulated other comprehensive income (loss) at March 31, 2024	$	(96,887)	$	6,080	$	(2,926)	$	(93,733)

The following table presents the classification and amount of the reclassifications from Accumulated other comprehensive income (loss) to the Statement of Comprehensive Income (Loss) (in thousands):

	For the Three Months Ended				Statement of
	March 31,				Comprehensive Income
	2024		2023		(Loss) Classification
Derivative valuation
Gain on foreign currency forward exchange contracts	$	1,624	$	518	Revenue
Tax effect		(423)		(134)	Provision for income taxes
	$	1,201	$	384	Net income (loss)
Other
Actuarial loss on defined benefit plan	$	(121)	$	(69)	Cost of services
Tax effect		12		7	Provision for income taxes
	$	(109)	$	(62)	Net income (loss)