Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2020

Equity [Abstract]

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

The components of accumulated other comprehensive income (“AOCI”) are as follows:

	Foreign Currency Translation		Interest rate swap		Income taxes (1)		Total
Balance at December 31, 2017	$	(17,705)	$	—	$	—	$	(17,705)
Current-period other comprehensive income (loss) activity	(13,609)		—		—		(13,609)
Balance at December 31, 2018	$	(31,314)	$	—	$	—	$	(31,314)
Other comprehensive income (loss) before reclassifications	(3,845)		(13,645)		3,166		(14,324)
Amounts reclassified from AOCI to interest expense (2)	—		1,411		(327)		1,084
Net current-period other comprehensive income (loss)	(3,845)		(12,234)		2,839		(13,240)
Balance at December 31, 2019	$	(35,159)	$	(12,234)	$	2,839	$	(44,554)
Other comprehensive income (loss) before reclassifications	(1,683)		(16,207)		3,764		(14,126)
Amounts reclassified from AOCI to interest expense (2)	—		8,906		(2,068)		6,838
Amounts reclassified from AOCI to loss on interest rate swap (3)	—		15,823		(3,674)		12,149
Sale of discontinued operations	5,961		—		—		5,961
Net current-period other comprehensive income (loss)	4,278		8,522		(1,978)		10,822
Balance at December 31, 2020	$	(30,881)	$	(3,712)	$	861	$	(33,732)

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(1) Income tax effect of changes in interest rate swap.

(2) Represents settlements on the interest rate swap while the hedge was effective.

(3) Represents reclassification of derivative loss and settlements after discontinuation of hedge accounting. See Note 21 for further discussion of the interest rate swap.