| Schedule of Accumulated Other Comprehensive Income (Loss) |
The components of accumulated other comprehensive income (loss) (“AOCI”) are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Foreign Currency Translation | | Interest rate swap | | Income taxes (1) | | Total | | Balance as of December 31, 2020 | $ | (30,881) | | | $ | (3,712) | | | $ | 861 | | | $ | (33,732) | | | Other comprehensive income (loss) before reclassifications | (1,135) | | | 78 | | | (19) | | | (1,076) | | | Amounts reclassified from AOCI to interest expense (2) | — | | | 73 | | | (18) | | | 55 | | | Amounts reclassified from AOCI to loss on interest rate swap (3) | — | | | 3,712 | | | (861) | | | 2,851 | | | Net other comprehensive income (loss) | (1,135) | | | 3,863 | | | (898) | | | 1,830 | | | Balance as of December 31, 2021 | $ | (32,016) | | | $ | 151 | | | $ | (37) | | | $ | (31,902) | | | Other comprehensive income (loss) before reclassifications | (8,156) | | | 3,426 | | | (68) | | | (4,798) | | | Amounts reclassified from AOCI to interest expense (2) | — | | | (428) | | | 8 | | | (420) | | | | | | | | | | | Net other comprehensive income (loss) | (8,156) | | | 2,998 | | | (60) | | | (5,218) | | | Balance as of December 31, 2022 | $ | (40,172) | | | $ | 3,149 | | | $ | (97) | | | $ | (37,120) | | | Other comprehensive income (loss) before reclassifications | 1,410 | | | (327) | | | 97 | | | 1,180 | | | Amounts reclassified from AOCI to interest expense (2) | — | | | (1,815) | | | — | | | (1,815) | | | | | | | | | | | Net other comprehensive income (loss) | 1,410 | | | (2,142) | | | 97 | | | (635) | | | Balance as of December 31, 2023 | $ | (38,762) | | | $ | 1,007 | | | $ | — | | | $ | (37,755) | |
_______________________________ (1) Income tax effect of changes in interest rate swap. (2) Represents (gain) loss recognized in interest expense on effective interest rate swap. (3) Represents reclassification of derivative loss and settlements after discontinuation of hedge accounting.
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