XML 46 R30.htm IDEA: XBRL DOCUMENT v3.22.4
Other Income, Net
 12 Months Ended
Dec. 31, 2022
Other Income and Expenses [Abstract]  
Other Income, Net Other Income, Net
Other income, net consists of the following:
Year Ended December 31,
202220212020
Gain (loss) from:
Change in fair value of interest rate swap (see Note 17)$27,083 $9,770 $347 
Foreign exchange (1)
(9,901)827 22,919 
Sale of aircraft (see Note 5)2,029 — — 
Change in fair value of acquisition contingent consideration1,427 (550)1,340 
Payments related to interest rate swap1,947 (1,270)(696)
Other income, net
1,713 1,184 340 
Total other income, net
$24,298 $9,961 $24,250 
Foreign exchange (loss) gain is primarily attributable to foreign currency translation derived mainly from U.S. Dollar denominated cash and cash equivalents, account receivables, customer deposits, and intercompany balances held by foreign subsidiaries. Intercompany finance transactions primarily denominated in U.S. Dollars resulted in unrealized foreign exchange (losses) gains of $(7,369), $(779) and $22,310 for the years ended December 31, 2022, 2021, and 2020, respectively.