XML 53 R41.htm IDEA: XBRL DOCUMENT
v3.23.3

Accumulated Other Comprehensive Income (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Equity [Abstract] |
Schedule of Accumulated Other Comprehensive Income | The changes in AOCI, net of tax, consisted of the following:
|  | For the Nine Months Ended September 30, 2023
|  |  |  | Unrealized Gain (Loss) on Cash Flow Hedges, Net of Tax |  | Unrealized Gain (Loss) on Net Investment Hedges, Net of Tax |  |  |  |  |  |
(in thousands) |  | Unrealized (Loss) Gain on Investments, Net of Tax |  | Foreign Currency Exchange Contracts |  | Interest Rate Swap |  | Euro-Denominated Notes |  | Cross Currency Swaps |  | Defined Benefit Plans, Net of Tax |  | Cumulative Translation Adjustment |  | Total
Balance as of December 31, 2022 |  | $ | (172) |  |  | $ | 839 |  |  | $ | — |  |  | $ | 4,947 |  |  | $ | 7,057 |  |  | $ | (2,776) |  |  | $ | (87,691) |  |  | $ | (77,796) |
Other comprehensive income (loss) before reclassifications |  | 6 |  |  | 7,305 |  |  | 5,254 |  |  | 488 |  |  | (1,158) |  |  | — |  |  | (6,939) |  |  | 4,956 |
Reclassified from accumulated other comprehensive income |  | — |  |  | (1,174) |  |  | (1,272) |  |  | — |  |  | — |  |  | 395 |  |  | — |  |  | (2,051) |
Balance as of September 30, 2023 |  | $ | (166) |  |  | $ | 6,970 |  |  | $ | 3,982 |  |  | $ | 5,435 |  |  | $ | 5,899 |  |  | $ | (2,381) |  |  | $ | (94,630) |  |  | $ | (74,891) |
|  | For the Nine Months Ended September 30, 2022
|  |  |  | Unrealized Gain (Loss) on Cash Flow Hedges, Net of Tax |  | Unrealized Gain (Loss) on Net Investment Hedges, Net of Tax |  |  |  |  |  |
(in thousands) |  | Unrealized (Loss) on Investments, Net of Tax |  | Foreign Currency Exchange Contracts |  | Euro-Denominated Notes |  | Cross Currency Swaps |  | Defined Benefit Plans, Net of Tax |  | Cumulative Translation Adjustment |  | Total
Balance as of December 31, 2021 |  | $ | (126) |  |  | $ | 4,979 |  |  | $ | 422 |  |  | $ | 3,240 |  |  | $ | — |  |  | $ | (61,999) |  |  | $ | (53,484) |
Other comprehensive (loss) income before reclassifications |  | (52) |  |  | 26,930 |  |  | 11,028 |  |  | 10,597 |  |  | (5,056) |  |  | (59,024) |  |  | (15,577) |
Reclassified from accumulated other comprehensive income |  | — |  |  | (12,211) |  |  | — |  |  | — |  |  | 378 |  |  | — |  |  | (11,833) |
Balance as of September 30, 2022 |  | $ | (178) |  |  | $ | 19,698 |  |  | $ | 11,450 |  |  | $ | 13,837 |  |  | $ | (4,678) |  |  | $ | (121,023) |  |  | $ | (80,894) |
Schedule of Reclassifications Out of Other Comprehensive Income | The following table presents components and amounts reclassified out of AOCI to net income:
(in thousands) |  | Affected Line Item in the Statements of Income |  | Amounts Reclassified from AOCI For the Three Months Ended September 30, |  | Amounts Reclassified from AOCI For the Nine Months Ended September 30,
|  |  |  | 2023 |  | 2022 |  | 2023 |  | 2022
Foreign currency exchange contracts |  | Cost of revenue |  | $ | 1,273 |  |  | $ | 8,635 |  |  | $ | 1,723 |  |  | $ | 16,652 |
|  | Tax expense |  | 372 |  |  | 2,254 |  |  | 549 |  |  | 4,441 |
|  | Gain, net of tax |  | $ | 901 |  |  | $ | 6,381 |  |  | $ | 1,174 |  |  | $ | 12,211 |
Interest rate swap contracts |  | Interest expense |  | $ | 1,385 |  |  | $ | — |  |  | $ | 1,668 |  |  | $ | — |
|  | Tax expense |  | 329 |  |  | — |  |  | 396 |  |  | — |
|  | Gain, net of tax |  | $ | 1,056 |  |  | $ | — |  |  | $ | 1,272 |  |  | $ | — |
Defined benefit plans |  | Cost of revenue and operating expenses |  | $ | (119) |  |  | $ | (141) |  |  | $ | (470) |  |  | $ | (452) |
|  | Tax benefit |  | (21) |  |  | (23) |  |  | (75) |  |  | (74) |
|  | Loss, net of tax |  | $ | (98) |  |  | $ | (118) |  |  | $ | (395) |  |  | $ | (378) |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration