Accumulated Other Comprehensive Income/( Loss) (Tables)

12 Months Ended

Dec. 31, 2021

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Accumulated Other Comprehensive Income/( Loss)

The balances as of December 31, 2021 and 2020 are as follows:

	Accumulated Other Comprehensive Income/(Loss)
	Foreign currency translation loss		Unrealized gain on cash flow hedges		Retirement benefits		Total
Balance as of January 1, 2020	$	(87,591)	$	4,098	$	(1,399)	$	(84,892)
Gains / (losses) recognized during the year	(540)		12,665		(2,401)		9,724
Reclassification to net income (1)	—		(801)		394		(407)
Income tax effects (2)	1,946		(2,163)		808		591
Accumulated other comprehensive income/(loss) as of December 31, 2020	$	(86,185)	$	13,799	$	(2,598)	$	(74,984)
Gains / (losses) recognized during the year	(11,134)		4,663		(558)		(7,029)
Losses on net investment hedges	(1,134)		—		—		(1,134)
Reclassification to net income (1)	—		(9,264)		709		(8,555)
Income tax effects (2)	3,016		(778)		(10)		2,228
Accumulated other comprehensive income/(loss) as of December 31, 2021	$	(95,437)	$	8,420	$	(2,457)	$	(89,474)

1.Refer to Note 16 - Derivatives and Hedge Accounting and Note 19 - Employee Benefit Plans to the consolidated financial statements for reclassification to net income.

2.These are income tax effects recognized on cash flow hedges, retirement benefits and foreign currency translation gains / (losses). Refer to Note 21 - Income Taxes to the consolidated financial statements.