Schedule of Components of Accumulated Other Comprehensive Income (Loss) |
The changes in each component of Accumulated Other Comprehensive Income (Loss) for the years ended December 31, 2022, 2021 and 2020 were as follows (in thousands): | | | | | | | | | | Cash Flow Hedges | | Foreign Currency Translation | | Total | January 1, 2020 | $ | 218 | | | (5,512) | | | (5,294) | | | | | | | | | | Other comprehensive income (loss) | | (11,647) | | | 7,786 | | | (3,861) | Income taxes | | 2,365 | | | (786) | | | 1,579 | Reclassifications to: | | | | | | | | | Revenue | | (36) | | | | | | (36) | Cost of sales | | 1,288 | | | | | | 1,288 | Interest expense | | 872 | | | | | | 872 | Net other comprehensive income (loss) | | (7,158) | | | 7,000 | | | (158) | | | | | | | | | | December 31, 2020 | | (6,940) | | | 1,488 | | | (5,452) | | | | | | | | | | Other comprehensive income (loss) | | (119) | | | (7,704) | | | (7,823) | Income taxes | | (1,489) | | | 689 | | | (800) | Reclassifications to: | | | | | | | | | Revenue | | 5,592 | | | | | | 5,592 | Cost of sales | | (1,017) | | | | | | (1,017) | Interest expense | | 1,509 | | | | | | 1,509 | Net other comprehensive income (loss) | | 4,476 | | | (7,015) | | | (2,539) | | | | | | | | | | December 31, 2021 | | (2,464) | | | (5,527) | | | (7,991) | | | | | | | | | | Other comprehensive income (loss) | | 11,142 | | | (10,491) | | | 651 | Income taxes | | (2,177) | | | 102 | | | (2,075) | Reclassifications to: | | | | | | | | | Revenue | | (3,583) | | | | | | (3,583) | Cost of sales | | 1,436 | | | | | | 1,436 | Interest expense | | 12 | | | | | | 12 | Net other comprehensive income (loss) | | 6,830 | | | (10,389) | | | (3,559) | | | | | | | | | | December 31, 2022 | $ | 4,366 | | $ | (15,916) | | $ | (11,550) |
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