Other Income, Net (Tables)

6 Months Ended

Jun. 30, 2023

Other Income and Expenses [Abstract]

Other income, net consists of the following:


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Gain (loss) from:
Change in fair value of interest rate swap (see Note 17)	$	3,826	$	7,406	$	(663)	$	19,490
Foreign exchange (1)	2,104		(4,717)		3,558		(7,788)
Sale of aircraft (see Note 5)	—		—		—		2,029

Change in fair value of acquisition contingent consideration (see Note 17)	—		—		—		(500)
Receipts (payments) related to interest rate swap	2,164		17		4,084		(277)
Other (expense) income, net (2)	(7,129)		808		(5,725)		907
Total other income, net	$	965	$	3,514	$	1,254	$	13,861

Foreign exchange gain (loss) is primarily attributable to foreign currency translation derived mainly from U.S. dollar denominated cash and cash equivalents, account receivables, customer deposits, and intercompany balances held by foreign subsidiaries. Intercompany finance transactions primarily denominated in U.S. dollars resulted in unrealized foreign exchange gains (losses) of $1,397 and $(5,799) for the three months ended June 30, 2023 and 2022, respectively, and $2,258 and $(6,563) for the six months ended June 30, 2023 and 2022, respectively.(2)Other (expense) income, net includes investment impairment charges of $(7,318) for the three and six months ended June 30, 2023 (see Note 7).