XML 53 R36.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Derivative Financial Instruments (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of fair value derivative instruments included in condensed consolidated balance sheets | The fair value of the Company’s derivative instrument was included in the condensed consolidated balance sheet as follows:
(in thousands) |  | Balance Sheet Classification |  | September 30, 2022 |  | December 31, 2021
Derivative instrument designated as cash flow hedge: |  |  |  |  |  |
Interest rate swap contract |  | Prepaid expenses and other current assets |  | $ | 1,030 |  |  | $ | — |
|  | Other long-term assets |  | 2,297 |  |  | — |
Total derivative instrument designated as cash flow hedge |  |  |  | $ | 3,327 |  |  | $ | — |
Schedule of derivatives instruments effect on condensed consolidated statement of operations | The effect of its derivative instrument on the Company’s condensed consolidated statements of operations was as follows:
|  |  |  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) |  | Statement of Operations Classification |  | 2022 |  | 2021 |  | 2022 |  | 2021
Derivative instrument designated as cash flow hedge: |  |  |  |  |  |  |  |  |  |
Income recognized in other comprehensive income before reclassifications |  |  |  | $ | 2,651 |  |  | $ | — |  |  | $ | 2,935 |  |  | $ | — |
Reclassification from accumulated other comprehensive income to earnings for the effective portion |  | Interest expense, net |  | 77 |  |  | — |  |  | 409 |  |  | — |
Income tax expense |  | Income tax expense |  | (244) |  |  | — |  |  | (294) |  |  | — |

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative instruments (including nonderivative instruments that are designated and qualify as hedging instruments) of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959 + Details
Name: | us-gaap_ScheduleOfDerivativesInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration