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ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)

9 Months Ended

Sep. 30, 2024

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income

The changes in Accumulated Other Comprehensive Income (“AOCI”), net of tax, consisted of the following:

						For the Nine Months Ended September 30, 2024
												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, 2023						$	(164)					$	(2,397)					$	1,106					$	2,346					$	1,428					$	(3,559)					$	(69,966)					$	(71,206)
Other comprehensive income (loss) before reclassifications						1						444						997						(732)						(370)						—						(1,261)						(921)
Reclassified from accumulated other comprehensive income						163						(2,144)						(2,132)						—						—						269						—						(3,844)
Balance as of September 30, 2024						$	—					$	(4,097)					$	(29)					$	1,614					$	1,058					$	(3,290)					$	(71,227)					$	(75,971)

						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 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)

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,
												2024						2023						2024						2023
Foreign currency exchange contracts						Cost of revenue						$	512					$	1,273					$	3,043					$	1,723
						Tax expense						(176)						(372)						(899)						(549)
						Gain, net of tax						$	336					$	901					$	2,144					$	1,174
Interest rate swap contracts						Interest expense						$	860					$	1,385					$	2,796					$	1,668
						Tax expense						(204)						(329)						(664)						(396)
						Gain, net of tax						$	656					$	1,056					$	2,132					$	1,272
Investments						General and administrative expense						$	—					$	—					$	(214)					$	—
						Tax benefit						—						—						51						—
						Loss, net of tax						$	—					$	—					$	(163)					$	—
Defined benefit plans						Cost of revenue and operating expenses						$	(143)					$	(119)					$	(319)					$	(470)
						Tax benefit						21						21						50						75
						Loss, net of tax						$	(122)					$	(98)					$	(269)					$	(395)

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Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss).

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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

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