Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 30, 2023

Accumulated Other Comprehensive Income (Loss) [Abstract]

Accumulated Other Comprehensive Loss

A summary of the Company’s changes in accumulated other comprehensive loss by component is presented below (in thousands):

	Three Months Ended September 30, 2023
	Derivatives		Currency Translation Adjustments		Accumulated Other Comprehensive Loss
Balance at beginning of period	$	31,532	$	(102,432)	$	(70,900)
Other comprehensive loss before reclassification	(36,389)		(50,121)		(86,510)
Reclassification	30,079		—		30,079
Tax effect	(1,903)		(257)		(2,160)
Balance at end of period	$	23,319	$	(152,810)	$	(129,491)

	Three Months Ended September 30, 2022
	Derivatives		Currency Translation Adjustments		Accumulated Other Comprehensive Loss
Balance at beginning of period	$	17,546	$	(136,123)	$	(118,577)
Other comprehensive loss before reclassification	(4,491)		(63,322)		(67,813)
Reclassification	26,094		—		26,094
Tax effect	(5,425)		—		(5,425)
Balance at end of period	$	33,724	$	(199,445)	$	(165,721)

	Nine Months Ended September 30, 2023
	Derivatives		Currency Translation Adjustments		Accumulated Other Comprehensive Loss
Balance at beginning of period	$	36,494	$	(135,310)	$	(98,816)
Other comprehensive loss before reclassification	(39,720)		(16,581)		(56,301)
Reclassification	27,319		—		27,319
Tax effect	(774)		(919)		(1,693)
Balance at end of period	$	23,319	$	(152,810)	$	(129,491)

	Nine Months Ended September 30, 2022
	Derivatives		Currency Translation Adjustments		Accumulated Other Comprehensive Loss
Balance at beginning of period	$	516	$	(54,064)	$	(53,548)
Other comprehensive loss before reclassification	(16,980)		(145,381)		(162,361)
Reclassification	61,022		—		61,022
Tax effect	(10,834)		—		(10,834)
Balance at end of period	$	33,724	$	(199,445)	$	(165,721)