Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2020

Derivative Instrument Detail [Abstract]

Fair Value of Cash Flow Derivative Instruments

The fair values of our cash flow derivative instruments on our Consolidated Balance Sheets as of December 31 are as follows:

		Asset Derivatives					Liability Derivatives
(in thousands)	Location	2020		2019		Location	2020		2019
Derivatives designated in cash flow hedging relationships:
Interest rate contracts	Other assets, current	$	63	$	—	Accounts payable and accrued liabilities	$	1,010	$	—
Interest rate contracts	Other assets, non-current	$	18,466	$	1,601	Other long-term obligations	$	45,100	$	22,398

Effect of Derivatives on Consolidated Statements of Operations

The following table details the effect of derivatives on our Consolidated Statements of Operations:

		Year Ended December 31,
(in thousands)	Location	2020			2019			2018
Derivatives designated in cash flow hedging relationships:
Interest rate contracts
Loss recognized in other comprehensive income, net of tax		$	(14,632	)	$	(19,824	)	$	(3,062	)
Loss reclassified from accumulated other comprehensive loss, net of tax¹	Interest expense	$	(7,451	)	$	(1,384	)	$	(647	)

Interest expense, net		$	29,463		$	30,361		$	35,227

^{Realized gains and losses on interest rate contracts consist of net cash received or paid and interest accruals on the interest rate swaps during the periods. Net cash received or paid is included in the supplemental cash flow information within interest, net of amounts capitalized in the Consolidated Statements of Cash Flows.}