ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

9 Months Ended

Sep. 30, 2023

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Loss

The following table summarizes the changes in the accumulated balances for each component of accumulated other comprehensive loss:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Foreign currency translation
Beginning balance	$	(81,158)	$	(68,469)	$	(101,780)	$	(52,747)
Foreign currency translation	(33,292)		(69,674)		(9,231)		(82,812)
Net loss reclassified into Loss on sale of business	23,931		—		23,931		—
Income tax benefit	3,560		12,751		121		10,167
Foreign currency translation, net of tax	(5,801)		(56,923)		14,821		(72,645)
Ending balance	$	(86,959)	$	(125,392)	$	(86,959)	$	(125,392)
Cash flow hedging instruments
Beginning balance	$	10,920	$	(9,845)	$	8,306	$	(3,417)
Unrealized (loss)/ gain in fair value	(8,805)		(15,222)		7,028		(72,827)
Net (gain)/ loss reclassified into Cost of revenues (exclusive of depreciation and amortization)	(8,764)		8,186		(21,248)		13,647
Net (gain)/ loss reclassified into Foreign exchange loss	(211)		112		(178)		43,940
Income tax benefit	4,036		1,572		3,268		3,460
Cash flow hedging instruments, net of tax	(13,744)		(5,352)		(11,130)		(11,780)
Ending balance(1)	$	(2,824)	$	(15,197)	$	(2,824)	$	(15,197)
Defined benefit plans
Beginning balance	$	(1,847)	$	1,957	$	(1,847)	$	1,957
Ending balance	$	(1,847)	$	1,957	$	(1,847)	$	1,957
Accumulated other comprehensive loss	$	(91,630)	$	(138,632)	$	(91,630)	$	(138,632)

(1) As of September 30, 2023, the ending balance of net unrealized loss related to derivatives designated as cash flow hedges is expected to be reclassified into Cost of revenues (exclusive of depreciation and amortization) in the next twelve months.