ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

9 Months Ended

Sep. 30, 2023

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

The changes in accumulated other comprehensive loss were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Net foreign currency translation adjustment	$	(14,425)	$	(34,874)	$	(6,117)	$	(44,667)
Net change of cash flow hedge (see Note 20 for further    information)
Unrealized gain (loss) on cash flow hedge	—		564		(1,406)		3,770
Tax	—		(137)		341		(920)
Net of tax	—		427		(1,065)		2,850
Net change in postretirement benefit plan (see Note 15 for    further information)
Amortization of prior service cost	—		2		—		6
Amortization of loss	2		—		6		—
Prior service credit and gain arising during the period	—		—		132		(41)
Total before tax	2		2		138		(35)
Tax	—		—		(34)		(24)
Net of tax	2		2		104		(59)
Total other comprehensive loss	$	(14,423)	$	(34,445)	$	(7,078)	$	(41,876)

Included in "Net foreign currency translation adjustment" were losses of $0 and $1,455 related to a net investment hedge, which were net of tax benefit of $0 and $1,114 for the three and nine months ended September 30, 2023, respectively. Included in "Net foreign currency translation adjustment" were gains of $5,065 and $10,151 related to a net investment hedge, which were net of tax expense of $1,635 and $3,277 for the three and nine months ended September 30, 2022, respectively. The Company settled its derivative instruments on their maturity date of June 27, 2023. See Note 20, Derivative Instruments and Hedging Activities.

Accumulated other comprehensive (loss) income at September 30, 2023 and December 31, 2022 consisted of the following:

	Foreign currency translation adjustment		Cash flow hedge		Postretirement benefit plan		Total
Balance December 31, 2022	$	(8,401)	$	1,065	$	182	$	(7,154)
Other comprehensive income (loss)	(6,117)		(1,065)		104		(7,078)
Balance September 30, 2023	$	(14,518)	$	—	$	286	$	(14,232)