Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The following table summarizes the changes in Accumulated other comprehensive income (loss) attributable to the Company ("AOCI") for the twelve months ended December 31, 2021 and 2020:

	Year ended December 31,
(in thousands)	2021		2020
Currency Translation Adjustment
Beginning balance	$	5,739	$	1,065
Other comprehensive income (loss) before reclassifications	(108)		5,331
Tax effect	—		(657)
Other comprehensive income (loss), net of tax	(108)		4,674
Ending Balance	$	5,631	$	5,739
Cash Flow Hedges
Beginning balance	$	(18,106)	$	(9,443)
Other comprehensive income (loss) before reclassifications	8,105		(19,565)
Amounts reclassified from AOCI (a)	8,855		8,068
Tax effect	(4,189)		2,834
Other comprehensive income (loss), net of tax	12,771		(8,663)
Ending Balance	$	(5,335)	$	(18,106)
Pension and Other Postretirement Plans
Beginning balance	$	33	$	889
Other comprehensive income (loss) before reclassifications	1,699		(200)
Amounts reclassified from AOCI (b)	(911)		(911)
Tax effect	(181)		255
Other comprehensive income (loss), net of tax	607		(856)
Ending Balance	$	640	$	33
Investments in Convertible Preferred Securities
Beginning balance	$	258	$	258
Other comprehensive income (loss), net of tax	—		—
Ending Balance	$	258	$	258
Total AOCI Ending Balance	$	1,194	$	(12,076)

(a) Amounts reclassified from gain (loss) on cash flow hedges are reclassified from AOCI to income when the hedged item affects earnings and is recognized in Interest expense, net. See Note 5 for additional information.

(b) This accumulated other comprehensive loss component is included in the computation of net periodic benefit cost recorded in Operating, administrative and general expenses.