Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2021


12. Accumulated Other Comprehensive Income

The following tables summarize changes in accumulated other comprehensive income (AOCI) by component, all of which are presented net of tax:


thousands
Balance as of March 31, 2021	$	(31,017)
Other comprehensive income (loss) before reclassifications	(1,136)
(Gain) loss reclassified from accumulated other comprehensive loss to net income	3,041
Share of investee's other comprehensive income, net of tax expense (benefit) of $386	1,358

Net current-period other comprehensive income	3,263
Balance as of June 30, 2021	$	(27,754)

Balance as of March 31, 2020	$	(60,273)
Other comprehensive income (loss) before reclassifications	(4,197)
(Gain) loss reclassified from accumulated other comprehensive loss to net income	3,359
Net current-period other comprehensive loss	(838)
Balance as of June 30, 2020	$	(61,111)


thousands
Balance as of December 31, 2020	$	(38,590)
Other comprehensive income (loss) before reclassifications	2,247
(Gain) loss reclassified from accumulated other comprehensive loss to net income	6,014
Share of investee's other comprehensive income, net of tax expense (benefit) of $732	2,575
Net current-period other comprehensive loss	10,836
Balance as of June 30, 2021	$	(27,754)

Balance as of December 31, 2019	$	(29,372)
Other comprehensive income (loss) before reclassifications	(36,248)
(Gain) loss reclassified from accumulated other comprehensive loss to net income	4,509
Net current-period other comprehensive loss	(31,739)
Balance as of June 30, 2020	$	(61,111)

The following table summarizes the amounts reclassified out of AOCI:


Accumulated Other Comprehensive Income (Loss) Components	Amounts reclassified from Accumulated Other Comprehensive Income (Loss)
	Three Months Ended June 30,				Six Months Ended June 30,				Affected line items in the Statements of Operations
thousands	2021		2020		2021		2020
(Gains) losses on cash flow hedges	$	3,888	$	4,103	$	7,689	$	5,510	Interest expense
Income taxes on (gains) losses on cash flow hedges	(847)		(744)		(1,675)		(1,001)		Provision for income taxes
Total reclassifications of (income) loss, net of tax for the period	$	3,041	$	3,359	$	6,014	$	4,509