ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

6 Months Ended

Jun. 30, 2024

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 June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Foreign currency translation
Beginning balance	$	(62,313)	$	(88,553)	$	(43,601)	$	(101,780)
Foreign currency translation	(7,790)		7,761		(31,291)		24,061
Income tax benefit/(expense)	2,141		(366)		6,930		(3,439)
Foreign currency translation, net of tax	(5,649)		7,395		(24,361)		20,622
Ending balance	$	(67,962)	$	(81,158)	$	(67,962)	$	(81,158)
Cash flow hedging instruments
Beginning balance	$	4,037	$	12,440	$	7,819	$	8,306
Unrealized (loss)/ gain in fair value	(882)		7,938		(3,389)		15,833
Net gain reclassified into Cost of revenues (exclusive of depreciation and amortization)	(2,444)		(9,904)		(4,855)		(12,484)
Net loss reclassified into Foreign exchange loss	—		—		—		33
Income tax benefit/(expense)	768		446		1,904		(768)
Cash flow hedging instruments, net of tax	(2,558)		(1,520)		(6,340)		2,614
Ending balance(1)	$	1,479	$	10,920	$	1,479	$	10,920
Defined benefit plans
Beginning balance	$	(3,076)	$	(1,847)	$	(3,258)	$	(1,847)
Actuarial gains	131		—		313		—
Income tax benefit	5		—		5		—
Defined benefit plans, net of tax	136		—		318		—
Ending balance	$	(2,940)	$	(1,847)	$	(2,940)	$	(1,847)
Accumulated other comprehensive loss	$	(69,423)	$	(72,085)	$	(69,423)	$	(72,085)

(1) As of June 30, 2024, the ending balance of net unrealized gain 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.