Accumulated other comprehensive (loss) income

6 Months Ended

Jun. 30, 2022

Statement of Comprehensive Income [Abstract]

Accumulated other comprehensive loss


	Three months ended June 30, 2022						Six months ended June 30, 2022
	Interest rate cap agreements		Foreign currency translation adjustments		Accumulated other comprehensive loss		Interest rate cap agreements		Foreign currency translation adjustments		Accumulated other comprehensive loss
Beginning balance	$	40,987	$	(75,857)	$	(34,870)	$	(1,178)	$	(138,069)	$	(139,247)
Unrealized gains (losses)	17,610		(91,176)		(73,566)		72,416		(28,964)		43,452
Related income tax	(4,393)		—		(4,393)		(18,067)		—		(18,067)
	13,217		(91,176)		(77,959)		54,349		(28,964)		25,385
Reclassification into net income	1,377		—		1,377		2,754		—		2,754
Related income tax	(344)		—		(344)		(688)		—		(688)
	1,033		—		1,033		2,066		—		2,066
Ending balance	$	55,237	$	(167,033)	$	(111,796)	$	55,237	$	(167,033)	$	(111,796)


	Three months ended June 30, 2021						Six months ended June 30, 2021
	Interest rate cap agreements		Foreign currency translation adjustments		Accumulated other comprehensive loss		Interest rate cap agreements		Foreign currency translation adjustments		Accumulated other comprehensive loss
Beginning balance	$	(6,551)	$	(116,232)	$	(122,783)	$	(12,466)	$	(53,688)	$	(66,154)
Unrealized (losses) gains	(2,744)		57,910		55,166		3,761		(4,634)		(873)
Related income tax	685		—		685		(938)		—		(938)
	(2,059)		57,910		55,851		2,823		(4,634)		(1,811)
Reclassification into net income	1,377		—		1,377		2,754		—		2,754
Related income tax	(344)		—		(344)		(688)		—		(688)
	1,033		—		1,033		2,066		—		2,066
Ending balance	$	(7,577)	$	(58,322)	$	(65,899)	$	(7,577)	$	(58,322)	$	(65,899)

The interest rate cap agreement net realized losses reclassified into net income are recorded as debt expense in the corresponding consolidated statements of income. See Note 6 for further details.