Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2020

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Fair Value of Company's Derivative Financial Instruments Classification in Consolidated Balance Sheet

Tabular Disclosure of Fair Values of Derivative Instruments on the Balance Sheet

The Company did not have any derivative financial instruments outstanding as of December 31, 2020. The table below presents the fair value of the Company’s derivative financial instruments as well as their classification in the accompanying consolidated balance sheet as of December 31, 2019:

	Liability Derivatives
	As of December 31, 2019
	Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments:	(In thousands)
Interest rate swap agreements	Other liabilities		2,156
Total derivatives designated as hedging instruments		$	2,156

Schedule of Pre-tax Effect of Derivative Financial Instruments in Consolidated Statements of Comprehensive Income (Loss)

Tabular Disclosure of the Effect of Derivative Instruments on the Statements of Comprehensive (Loss) Income

The table below presents the pre-tax effect of the Company’s derivative financial instruments in the accompanying consolidated statements of comprehensive (loss) income for the years ended December 31, 2020 and 2019:

	2020			2019
	(In thousands)
Derivatives in Cash Flow Hedging Relationships:
(Loss) gain recognized in accumulated other comprehensive loss	$	(370	)	$	(5,247	)
Amounts reclassified from accumulated other comprehensive income (loss) to interest expense	$	2,501		$	(17	)

Schedule of Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax

Changes in Accumulated Other Comprehensive Income (Loss)

The following table reflects the changes in accumulated other comprehensive income (loss), net of tax for the years ended December 31, 2020 and 2019:

Accumulated other comprehensive income (loss) (In thousands):			(Losses) Gains on Cash Flow Hedges
Accumulated other comprehensive income at December 31, 2018				2,284
Other comprehensive loss before reclassifications	(3,831	)
Amounts reclassified from accumulated other comprehensive income (loss) to interest expense	(12	)
Change in other comprehensive income (loss), net of tax				(3,843	)
Accumulated other comprehensive loss at December 31, 2019				(1,559	)
Other comprehensive loss before reclassifications	(271	)
Amounts reclassified from accumulated other comprehensive loss to interest expense	1,830
Change in other comprehensive income (loss), net of tax				1,559
Accumulated other comprehensive income (loss) at December 31, 2020			$	—