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Other (Expense) Income, Net | 9 Months Ended
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Sep. 30, 2024
Other Income and Expenses [Abstract] |
Other (Expense) Income, Net | Other (Expense) Income, Net Other (expense) income, net consists of the following:
| Three Months Ended |  | Nine Months Ended
| September 30, |  | September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
(Loss) gain from: |  |  |  |  |  |  |
Change in fair value of interest rate swap (see Note 17) | $ | (7,931) |  |  | $ | 4,765 |  |  | $ | (5,570) |  |  | $ | 4,102 |
Foreign exchange (1) | 696 |  |  | (3,154) |  |  | 754 |  |  | 404 |
Receipts related to interest rate swap | 2,452 |  |  | 2,336 |  |  | 7,220 |  |  | 6,420 |
Other (expense) income, net (2) | (304) |  |  | 2,006 |  |  | 1,926 |  |  | (3,719) |
Total other (expense) income, net | $ | (5,087) |  |  | $ | 5,953 |  |  | $ | 4,330 |  |  | $ | 7,207 |
(1)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 $1,561 and $(1,574) for the three months ended September 30, 2024 and 2023, respectively, and $1,130 and $684 for the nine months ended September 30, 2024 and 2023, respectively. (2)Other (expense) income, net includes investment impairment charges of $(7,318) for the nine months ended September 30, 2023, partially offset by gains on investments of $2,360 recorded during the three months ended September 30, 2023 (see Note 7).

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- Definition The entire disclosure for the components of non-operating income or non-operating expense, including, but not limited to, amounts earned from dividends, interest on securities, gain (loss) on securities sold, equity earnings of unconsolidated affiliates, gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(7)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(9)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 + Details
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