Capital Structure (Tables)

6 Months Ended

Jun. 30, 2024

Equity [Abstract]

Schedule of accumulated other comprehensive income (loss)

The following table presents the changes in Other Comprehensive Income for the three and six months ended June 30, 2024 and 2023:

	Three Months Ended June 30, 2024
(in thousands)	AOCI Beginning Balance		Amounts recorded in AOCI		Amounts reclassified from AOCI to income		AOCI Ending Balance
Net change in unrealized cash flow hedges gains (losses) (1)	$	24,310	$	4,316	$	(11,732)	$	16,894
Foreign exchange translation adjustment	(8,406)		221		—		(8,185)
Total	$	15,904	$	4,537	$	(11,732)	$	8,709
(1) Amounts reclassified from AOCI to income are included within Financing interest expense on long-term borrowings on the Condensed Consolidated Statements of Comprehensive Income. As of June 30, 2024, the Company expects approximately $19.1 million to be reclassified from AOCI into earnings over the next 12 months. The timing of the reclassification is based on the interest payment schedule of the long-term borrowings.
	Three Months Ended June 30, 2023
(in thousands)	AOCI Beginning Balance		Amounts recorded in AOCI		Amounts reclassified from AOCI to income		AOCI Ending Balance
Net change in unrealized cash flow hedges gains (losses) (1)	$	37,091	$	12,414	$	(7,535)	$	41,970
Foreign exchange translation adjustment	(12,341)		1,503		—		(10,838)
Total	$	24,750	$	13,917	$	(7,535)	$	31,132
(1) Amounts reclassified from AOCI to income are included within Financing interest expense on long-term borrowings on the Consolidated Statements of Comprehensive Income.

	Six Months Ended June 30, 2024
(in thousands)	AOCI Beginning Balance		Amounts recorded in AOCI		Amounts reclassified from AOCI to income		AOCI Ending Balance
Net change in unrealized cash flow hedges gains (losses) (1)	$	23,416	$	13,998	$	(20,520)	$	16,894
Foreign exchange translation adjustment	(6,369)		(1,816)		—		(8,185)
Total	$	17,047	$	12,182	$	(20,520)	$	8,709
(1) Amounts reclassified from AOCI to income are included within Financing interest expense on long-term borrowings on the Consolidated Statements of Comprehensive Income. As of June 30, 2024, the Company expects approximately $19.1 million to be reclassified from AOCI into earnings over the next 12 months. The timing of the reclassification is based on the interest payment schedule of the long-term borrowings.
	Six Months Ended June 30, 2023
(in thousands)	AOCI Beginning Balance		Amounts recorded in AOCI		Amounts reclassified from AOCI to income		AOCI Ending Balance
Net change in unrealized cash flow hedges gains (losses) (1)	$	44,925	$	11,025	$	(13,980)	$	41,970
Foreign exchange translation adjustment	(13,321)		2,483		—		(10,838)
Total	$	31,604	$	13,508	$	(13,980)	$	31,132
(1) Amounts reclassified from AOCI to income are included within Financing interest expense on long-term borrowings on the Consolidated Statements of Comprehensive Income.