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Other (Expense) Income, Net
6 Months Ended
Jun. 30, 2022
Other Income and Expenses [Abstract]  
OTHER (EXPENSE) INCOME, NET OTHER (EXPENSE) INCOME, NET
The amounts included in "Other (expense) income, net" in the condensed consolidated statements of income for the three and six months ended June 30, 2022 and 2021 were as follows (in thousands):
Three months ended June 30,Six months ended June 30,
2022202120222021
Interest and investment income$297 $446 $506 $999 
Loss on extinguishment of long-term debt(11,190)— (11,190)— 
Other(4,123)2,593 (5,337)2,764 
Other (expense) income, net$(15,016)$3,039 $(16,021)$3,763 
The change in Other (expense) income, net for the three and six months ended June 30, 2022 and 2021 was $18.1 million and $19.8 million, respectively. The changes between both the three months ended June 30, 2022 and 2021 and the six months ended June 30, 2022 and 2021 were primarily due to the $11.2 million loss on extinguishment of the 2024 Notes, as described further in Note 7, "Obligations", and due to a foreign currency translation loss in the three and six months ended June 30, 2022 arising from euro translation of our foreign subsidiaries.
Additionally, Other included gains resulting from observable price changes of our long-term strategic investments, which were $1.6 million recognized in second quarter 2022 and $1.0 million recognized in second quarter 2021, and a $1.9 million gain on a contract termination recognized in first quarter 2021.