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Note 6 - Accumulated Other Comprehensive Loss
 6 Months Ended
Jun. 30, 2021
Notes to Financial Statements  
Comprehensive Income (Loss) Note [Text Block]

6.   Accumulated Other Comprehensive Loss

 

The following presents a tabular disclosure of changes in AOCL during the three and six months ended June 30, 2021 and 2020, net of tax:

 

  

Foreign Currency Translation Adjustments

  

Unrealized Gain (Loss) on Cash Flow Hedges

   

Total

 
              

Beginning Balance – April 1, 2021

 $(23,914) $(7,585)  $(31,499)

Other comprehensive income (loss) before reclassifications

  (3,332)  (2,752)(1)  (6,084)

Amounts reclassified from AOCL

  -   -    - 

Net current-period other comprehensive income (loss)

  (3,332)  (2,752)   (6,084)

Ending Balance – June 30, 2021

 $(27,246) $(10,337)  $(37,583)

 

              

Beginning Balance – April 1, 2020

 $(49,836) $(24,108)  $(73,944)

Other comprehensive income (loss) before reclassifications

  5,014   (3,596)(2)  1,418 

Amounts reclassified from AOCL

  -   -    - 

Net current-period other comprehensive income (loss)

  5,014   (3,596)   1,418 

Ending Balance – June 30, 2020

 $(44,822) $(27,704)  $(72,526)

 

              

Beginning Balance – January 1, 2021

 $(11,674) $(22,580)  $(34,254)

Other comprehensive income (loss) before reclassifications

  (15,572)(3) 12,243 (4)  (3,329)

Amounts reclassified from AOCL

  -   -    - 

Net current-period other comprehensive loss

  (15,572)  12,243    (3,329)

Ending Balance – June 30, 2021

 $(27,246) $(10,337)  $(37,583)

 

               

Beginning Balance – January 1, 2020

 $(16,622)  $(8,295)  $(24,917)

Other comprehensive income (loss) before reclassifications

  (28,200)(5)  (19,409)(6)  (47,609)

Amounts reclassified from AOCL

  -    -    - 

Net current-period other comprehensive income (loss)

  (28,200)   (19,409)   (47,609)

Ending Balance – June 30, 2020

 $(44,822)  $(27,704)  $(72,526)

 

 

(1)

Represents unrealized losses of $(3,682) on the interest rate swaps, net of tax effect of $930 for the three months ended June 30, 2021.

 (2)Represents unrealized losses of $(4,811) on the interest rate swaps, net of tax effect of $1,215 for the three months ended June 30, 2020.
 (3)Represents unfavorable impact from the strengthening of the U.S. dollar against foreign currencies during the six months ended June 30, 2021, particularly the Euro and British Pound.
 (4)Represents unrealized gains of $16,379 on the interest rate swaps, net of tax effect of $(4,136) for the six months ended June 30, 2021.
 (5)Represents unfavorable impact from the strengthening of the U.S. dollar against foreign currencies during the six months ended June 30, 2020, particularly the Mexican Peso, Euro, Brazilian Real, and Russian Ruble.
 

(6)

Represents unrealized losses of $(25,965) on the interest rate swaps, net of tax effect of $6,556 for the six months ended June 30, 2020.