Accumulated Other Comprehensive Loss (AOCI)

12 Months Ended

Dec. 31, 2021

The changes in the components of AOCI for the years ended December 31, 2021, 2020 and 2019 are as follows (in thousands):


	Cumulative Foreign Currency Translation		Unrealized (Losses) Gains on Derivative Instruments		Total Accumulated Other Comprehensive (Loss) Income

Balance at December 31, 2018	$	(913,858)	$	—	$	(913,858)
Other comprehensive loss before reclassifications	(15,855)		(68,928)		(84,783)
Amounts reclassified from AOCI	—		5,828		5,828
Tax effect	—		20,348		20,348
Other comprehensive loss	(15,855)		(42,752)		(58,607)
Balance at December 31, 2019	(929,713)		(42,752)		(972,465)
Other comprehensive loss before reclassifications	(367,249)		(70,719)		(437,968)
Amounts reclassified from AOCI	—		39,264		39,264
Tax effect	—		8,011		8,011
Other comprehensive loss	(367,249)		(23,444)		(390,693)
Balance at December 31, 2020	(1,296,962)		(66,196)		(1,363,158)
Other comprehensive (loss) income before reclassifications	(144,543)		7,394		(137,149)
Amounts reclassified from AOCI	—		49,747		49,747
Tax effect	—		(14,056)		(14,056)
Other comprehensive (loss) gain	(144,543)		43,085		(101,458)
Balance at December 31, 2021	$	(1,441,505)	$	(23,111)	$	(1,464,616)