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STOCKHOLDERS' EQUITY AND EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2024

STOCKHOLDERS' EQUITY AND EARNINGS PER SHARE

Summary of the components of and changes in accumulated other comprehensive income (loss), net of income taxes


			Foreign Currency Translation			Change in Fair Value of Cash Flow Hedges			Defined Employee Benefit Plan			Total
Balance at December 31, 2022		$	(12,823)		$	11,848		$	17,295		$	16,320
Other comprehensive income (loss) prior to reclassifications			(196)			595			—			399
Amounts reclassified from accumulated other comprehensive income (loss)			—			(2,412)			—			(2,412)
Balance at March 31, 2023			(13,019)			10,031			17,295			14,307
Other comprehensive income (loss) prior to reclassifications			(1,533)			2,555			—			1,022
Amounts reclassified from accumulated other comprehensive income (loss)			—			(2,756)			(292)			(3,048)
Balance at June 30, 2023			(14,552)			9,830			17,003			12,281
Other comprehensive income (loss) prior to reclassifications			(5,069)			1,036			—			(4,033)
Amounts reclassified from accumulated other comprehensive income (loss)			—			(2,858)			—			(2,858)
Balance at September 30, 2023		$	(19,621)		$	8,008		$	17,003		$	5,390


			Foreign Currency Translation			Change in Fair Value of Cash Flow Hedges			Defined Employee Benefit Plan			Total
Balance at December 31, 2023		$	(10,796)		$	5,474		$	11,436		$	6,114
Other comprehensive income (loss) prior to reclassifications			(6,589)			1,405			—			(5,184)
Amounts reclassified from accumulated other comprehensive income (loss)			—			(2,785)			—			(2,785)
Balance at March 31, 2024			(17,385)			4,094			11,436			(1,855)
Other comprehensive income (loss) prior to reclassifications			(2,561)			395			—			(2,166)
Amounts reclassified from accumulated other comprehensive income (loss)			—			(2,751)			(51)			(2,802)
Balance at June 30, 2024			(19,946)			1,738			11,385			(6,823)
Other comprehensive income (loss) prior to reclassifications			10,816			444			(2,228)			9,032
Amounts reclassified from accumulated other comprehensive income (loss)			1,585			(2,182)			477			(120)
Balance at September 30, 2024		$	(7,545)		$	—		$	9,634		$	2,089

Schedule of amounts reclassified from accumulated other comprehensive income (loss) to the specific caption within the Consolidated Statements of Operations


		Three Months Ended September 30,						Nine Months Ended September 30,						To Caption on Consolidated
		2024			2023				2024			2023		Statements of Operations
Foreign currency translation		$	1,585		$	—		$	1,585		$	—		Other income (expense), net
Cash flow hedges			(2,182)			(2,858)			(7,718)			(8,026)		Interest expense
Defined employee benefit plan			477			—			426			(292)		Other income (expense), net
Total reclassifications		$	(120)		$	(2,858)		$	(5,707)		$	(8,318)

Summary of earnings per share


		Three Months Ended September 30,						Nine Months Ended September 30,
		2024			2023			2024			2023
Income (loss) from continuing operations		$	(14,147)		$	33,651		$	7,244		$	92,858


Basic weighted-average common shares outstanding			37,532			37,575			37,455			37,541
Dilutive effect of stock awards			—			279			330			301
Diluted weighted-average common shares outstanding			37,532			37,854			37,785			37,842


EPS from continuing operations
Basic EPS		$	(0.38)		$	0.90		$	0.19		$	2.47
Diluted EPS		$	(0.38)		$	0.89		$	0.19		$	2.45


Anti-dilutive shares not included above
Stock awards			371			27			4			84
Warrants			3,076			3,180			3,212			3,180
Total anti-dilutive shares			3,447			3,207			3,216			3,264

Schedule of shares repurchases


		Three Months Ended September 30,						Nine Months Ended September 30,
(in thousands, except per share amounts)		2024			2023			2024			2023
Amount paid or accrued to repurchase shares		$	1,770		$	40,000		$	1,770		$	40,000
Number of shares repurchased			19			378			19			378
Average repurchase price per share		$	93.58		$	105.74		$	93.58		$	105.74