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Accumulated Other Comprehensive Income
6 Months Ended
Jun. 30, 2024
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 TranslationInterest rate swapIncome taxes (1)Total
Balance as of March 31, 2024$(41,108)$558 $— $(40,550)
Other comprehensive income (loss) before reclassifications(3,387)— — (3,387)
Amounts reclassified from AOCI to interest expense (2)— (449)— (449)
Net other comprehensive income (loss)(3,387)(449)— (3,836)
Balance as of June 30, 2024$(44,495)$109 $— $(44,386)
Balance as of March 31, 2023$(38,332)$2,354 $— $(35,978)
Other comprehensive income (loss) before reclassifications(2,374)— — (2,374)
Amounts reclassified from AOCI to interest expense (2)— (449)— (449)
Net other comprehensive income (loss)(2,374)(449)— (2,823)
Balance as of June 30, 2023$(40,706)$1,905 $— $(38,801)


Foreign Currency TranslationInterest rate swapIncome taxes (1)Total
Balance as of December 31, 2023$(38,762)$1,007 $— $(37,755)
Other comprehensive income (loss) before reclassifications(5,733)— — (5,733)
Amounts reclassified from AOCI to interest expense (2)— (898)— (898)
Net other comprehensive income (loss)(5,733)(898)— (6,631)
Balance as of June 30, 2024$(44,495)$109 $— $(44,386)
Balance as of December 31, 2022$(40,172)$3,149 $(97)$(37,120)
Other comprehensive income (loss) before reclassifications(534)(327)97 (764)
Amounts reclassified from AOCI to interest expense (2)— (917)— (917)
Net other comprehensive income (loss)(534)(1,244)97 (1,681)
Balance as of June 30, 2023$(40,706)$1,905 $— $(38,801)
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(1) Income tax effect of changes in interest rate swap.
(2) Represents gain recognized in interest expense on effective interest rate swap.