Capital Structure (Tables)

9 Months Ended

Sep. 30, 2025

The following table presents the changes in Other Comprehensive Income for the three and nine months ended September 30, 2025 and 2024:



	Three Months Ended September 30, 2025
(in thousands)	AOCI Beginning Balance		Amounts recorded in AOCI		Amounts reclassified from AOCI to income		AOCI Ending Balance
Net change in unrealized cash flow hedges gains (losses) (1)	$	4,359	$	55	$	96	$	4,510
Foreign exchange translation adjustment	(2,126)		(1,552)		—		(3,678)
Total	$	2,233	$	(1,497)	$	96	$	832
(1) Amounts reclassified from AOCI to income are included within Financing interest expense on long-term borrowings on the Condensed Consolidated Statements of Comprehensive Income. As of September 30, 2025, the Company expects approximately $41 thousand to be reclassified from AOCI into earnings over the next 12 months. The timing of the reclassification is based on the interest payment schedule of the long-term borrowings.

	Three Months Ended September 30, 2024
(in thousands)	AOCI Beginning Balance		Amounts recorded in AOCI		Amounts reclassified from AOCI to income		AOCI Ending Balance
Net change in unrealized cash flow hedges gains (losses) (1)	$	16,894	$	(4,217)	$	(6,983)	$	5,694
Foreign exchange translation adjustment	(8,185)		3,455		—		(4,730)
Total	$	8,709	$	(762)	$	(6,983)	$	964
(1) Amounts reclassified from AOCI to income are included within Financing interest expense on long-term borrowings on the Condensed Consolidated Statements of Comprehensive Income.


	Nine Months Ended September 30, 2025
(in thousands)	AOCI Beginning Balance		Amounts recorded in AOCI		Amounts reclassified from AOCI to income		AOCI Ending Balance
Net change in unrealized cash flow hedges gains (losses) (1)	$	4,943	$	908	$	(1,341)	$	4,510
Foreign exchange translation adjustment	(12,006)		8,328		—		(3,678)
Total	$	(7,063)	$	9,236	$	(1,341)	$	832
(1) Amounts reclassified from AOCI to income are included within Financing interest expense on long-term borrowings on the Condensed Consolidated Statements of Comprehensive Income. As of September 30, 2025, the Company expects approximately $41 thousand to be reclassified from AOCI into earnings over the next 12 months. The timing of the reclassification is based on the interest payment schedule of the long-term borrowings.

	Nine Months Ended September 30, 2024
(in thousands)	AOCI Beginning Balance		Amounts recorded in AOCI		Amounts reclassified from AOCI to income		AOCI Ending Balance
Net change in unrealized cash flow hedges gains (losses) (1)	$	23,416	$	9,781	$	(27,503)	$	5,694
Foreign exchange translation adjustment	(6,369)		1,639		—		(4,730)
Total	$	17,047	$	11,420	$	(27,503)	$	964
(1) Amounts reclassified from AOCI to income are included within Financing interest expense on long-term borrowings on the Condensed Consolidated Statements of Comprehensive Income.