Accumulated Other Comprehensive Income

9 Months Ended

Sep. 30, 2021

Equity [Abstract]

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

The following tables present the components of accumulated other comprehensive income (loss) (“AOCI”).

	Foreign Currency Translation		Interest rate swap		Income taxes (1)		Total
Balance at June 30, 2021	$	(29,819)	$	—	$	—	$	(29,819)
Other comprehensive income (loss) before reclassifications	(2,612)		(229)		53		(2,788)
Amounts reclassified from AOCI to interest expense (2)	—		29		(7)		22
Net other comprehensive income (loss)	(2,612)		(200)		46		(2,766)
Balance at September 30, 2021	$	(32,431)	$	(200)	$	46	$	(32,585)
Balance at June 30, 2020	$	(48,507)	$	(23,662)	$	5,493	$	(66,676)
Other comprehensive income (loss) before reclassifications	6,712		27		(6)		6,733
Amounts reclassified from AOCI to interest expense (2)	—		4,100		(952)		3,148
Net other comprehensive income (loss)	6,712		4,127		(958)		9,881
Balance at September 30, 2020	$	(41,795)	$	(19,535)	$	4,535	$	(56,795)

	Foreign Currency Translation		Interest rate swap		Income taxes (1)		Total
Balance at December 31, 2020	$	(30,881)	$	(3,712)	$	861	$	(33,732)
Other comprehensive income (loss) before reclassifications	(1,550)		(229)		53		(1,726)
Amounts reclassified from AOCI to interest expense (2)	—		29		(7)		22
Amounts reclassified from AOCI to loss on interest rate swap (3)	—		3,712		(861)		2,851
Net current-period other comprehensive income (loss)	(1,550)		3,512		(815)		1,147
Balance at September 30, 2021	$	(32,431)	$	(200)	$	46	$	(32,585)
Balance at December 31, 2019	$	(35,159)	$	(12,234)	$	2,839	$	(44,554)
Other comprehensive income (loss) before reclassifications	(6,636)		(16,207)		3,764		(19,079)
Amounts reclassified from AOCI to interest expense (2)	—		8,906		(2,068)		6,838
Net current-period other comprehensive income (loss)	(6,636)		(7,301)		1,696		(12,241)
Balance at September 30, 2020	$	(41,795)	$	(19,535)	$	4,535	$	(56,795)

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

(2) Represents interest rate swap settlements of effective hedge.

(3) Represents reclassification of derivative loss and settlements after discontinuation of hedge accounting.