Accumulated Other Comprehensive Income (Loss) |
| | | 11. Accumulated Other Comprehensive Income (Loss) |
The following tables summarize changes in AOCI, all of which are presented net of tax: | | | | | | thousands | | Balance at March 31, 2024 | $ | 3,897 | | Derivative instruments: | | Other comprehensive income (loss) before reclassifications | 1,236 | | (Gain) loss reclassified from accumulated other comprehensive income (loss) to net income | (1,198) | | | | | | Net current-period other comprehensive income (loss) | 38 | | Balance at June 30, 2024 | $ | 3,935 | | | | Balance at March 31, 2023 | $ | 5,005 | | Derivative instruments: | | Other comprehensive income (loss) before reclassifications | 6,286 | | (Gain) loss reclassified from accumulated other comprehensive income (loss) to net income | (3,538) | | | | Net current-period other comprehensive income (loss) | 2,748 | | Balance at June 30, 2023 | $ | 7,753 | | | | | | thousands | | Balance at December 31, 2023 | $ | 1,272 | | Derivative instruments: | | Other comprehensive income (loss) before reclassifications | 5,066 | | (Gain) loss reclassified to net income | (2,403) | | | | | | Net current-period other comprehensive Income (loss) | 2,663 | | Balance at June 30, 2024 | $ | 3,935 | | | | Balance at December 31, 2022 | $ | 10,335 | | Derivative instruments: | | Other comprehensive income (loss) before reclassifications | 3,635 | | (Gain) loss reclassified to net income | (6,217) | | | | | | Net current-period other comprehensive income (loss) | (2,582) | | Balance at June 30, 2023 | $ | 7,753 | |
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 | 2024 | | 2023 | | 2024 | | 2023 | (Gains) losses on cash flow hedges | $ | (1,553) | | | $ | (4,572) | | | $ | (3,114) | | | $ | (8,034) | | Interest expense | | | | | | | | | | Income tax expense (benefit) | 355 | | | 1,034 | | | 711 | | | 1,817 | | Income tax expense (benefit) | Total reclassifications of (income) loss, net of tax | $ | (1,198) | | | $ | (3,538) | | | $ | (2,403) | | | $ | (6,217) | | |
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