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Stockholders' Equity | 9 Months Ended
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Sep. 30, 2024
Stockholders' Equity Note [Abstract] |
Stockholders' Equity | NOTE 9 – STOCKHOLDERS’ EQUITY Accumulated Other Comprehensive Loss Accumulated other comprehensive loss as of September 30, 2024 and 2023 included the following:
|  | Three Months Ended September 30, 2024 |
|  | Foreign Currency Translation Adjustments |  |  | Change in Fair Value of Interest Rate Hedge Agreements |  |  | Total |
Accumulated other comprehensive (loss) income at June 30, 2024 |  | $ | (14,463 | ) |  | $ | 2,919 |  |  | $ | (11,544 | )
Current period other comprehensive (loss) income: |  |  |  |  |  |  |  |  |
Other comprehensive (loss) income before reclassifications |  |  | 4,745 |  |  |  | (5,099 | ) |  |  | (354 | )
Amounts reclassified from accumulated other comprehensive (loss) income (1) |  |  | — |  |  |  | (1,670 | ) |  |  | (1,670 | )
Effect of taxes |  |  | (758 | ) |  |  | 1,831 |  |  |  | 1,073 |
Total current period other comprehensive (loss) income |  |  | 3,987 |  |  |  | (4,938 | ) |  |  | (951 | )
Accumulated other comprehensive (loss) income at September 30, 2024 |  | $ | (10,476 | ) |  | $ | (2,019 | ) |  | $ | (12,495 | )
|  | Three Months Ended September 30, 2023 |
|  | Foreign Currency Translation Adjustments |  |  | Change in Fair Value of Interest Rate Hedge Agreement and Other Adjustments |  |  | Total |
Accumulated other comprehensive (loss) income at June 30, 2023 |  | $ | (10,833 | ) |  | $ | 4,517 |  |  | $ | (6,316 | )
Current period other comprehensive (loss) income: |  |  |  |  |  |  |  |  |
Other comprehensive (loss) income before reclassifications |  |  | (3,487 | ) |  |  | 4,379 |  |  |  | 892 |
Amounts reclassified from accumulated other comprehensive (loss) income |  |  | — |  |  |  | (2,101 | ) |  |  | (2,101 | )
Effect of taxes |  |  | (2,227 | ) |  |  | (617 | ) |  |  | (2,844 | )
Total current period other comprehensive (loss) income |  |  | (5,714 | ) |  |  | 1,661 |  |  |  | (4,053 | )
Accumulated other comprehensive (loss) income at September 30, 2023 |  | $ | (16,547 | ) |  | $ | 6,178 |  |  | $ | (10,369 | )
|  | Nine Months Ended September 30, 2024 |
|  | Foreign Currency Translation Adjustments |  |  | Change in Fair Value of Interest Rate Hedge Agreements |  |  | Total |
Accumulated other comprehensive (loss) income at December 31, 2023 |  | $ | (12,695 | ) |  | $ | 810 |  |  | $ | (11,885 | )
Current period other comprehensive (loss) income: |  |  |  |  |  |  |  |  |
Other comprehensive (loss) income before reclassifications |  |  | 2,877 |  |  |  | 1,161 |  |  |  | 4,038 |
Amounts reclassified from accumulated other comprehensive (loss) income (1) |  |  | — |  |  |  | (5,002 | ) |  |  | (5,002 | )
Effect of taxes |  |  | (658 | ) |  |  | 1,012 |  |  |  | 354 |
Total current period other comprehensive (loss) income |  |  | 2,219 |  |  |  | (2,829 | ) |  |  | (610 | )
Accumulated other comprehensive (loss) income at September 30, 2024 |  | $ | (10,476 | ) |  | $ | (2,019 | ) |  | $ | (12,495 | )
|  | Nine Months Ended September 30, 2023 |
|  | Foreign Currency Translation Adjustments |  |  | Change in Fair Value of Interest Rate Hedge Agreement and Other Adjustments |  |  | Total |
Accumulated other comprehensive (loss) income at December 31, 2022 |  | $ | (14,056 | ) |  | $ | 5,923 |  |  | $ | (8,133 | )
Current period other comprehensive (loss) income: |  |  |  |  |  |  |  |  |
Other comprehensive (loss) income before reclassifications |  |  | (82 | ) |  |  | 5,658 |  |  |  | 5,576 |
Amounts reclassified from accumulated other comprehensive (loss) income |  |  | — |  |  |  | (5,299 | ) |  |  | (5,299 | )
Effect of taxes |  |  | (2,409 | ) |  |  | (104 | ) |  |  | (2,513 | )
Total current period other comprehensive (loss) income |  |  | (2,491 | ) |  |  | 255 |  |  |  | (2,236 | )
Accumulated other comprehensive (loss) income at September 30, 2023 |  | $ | (16,547 | ) |  | $ | 6,178 |  |  | $ | (10,369 | )
(1) The Company expects to reclassify $1.1 million of gains related to the Change in Fair Value of Interest Rate Hedge Agreements from accumulated other comprehensive (loss) income into earnings during the next 12 months. Share Repurchases The Company repurchased shares under the $200.0 million share repurchase program authorized by the Company’s board of directors. In addition, the Company repurchased shares in connection with the vesting of restricted stock units (“RSUs”) and performance share awards (“PSAs”) granted to employees. Repurchases for the three and nine months ended September 30, 2024 and 2023 are as follows:
| Three Months Ended September 30, |
| 2024 |  |  | 2023 |
| Shares |  | Amount Paid |  |  | Shares |  | Amount Paid |
Share Repurchase Program |  | — |  | $ | — |  |  |  | — |  | $ | — |
Vesting of RSUs |  | 2,383 |  |  | 377 |  |  |  | 91 |  |  | 12 |
Total |  | 2,383 |  | $ | 377 |  |  |  | 91 |  | $ | 12 |
| Nine Months Ended September 30, |
| 2024 |  |  | 2023 |
| Shares |  | Amount Paid |  |  | Shares |  | Amount Paid |
Share Repurchase Program |  | 191,000 |  | $ | 26,519 |  |  |  | 180,000 |  | $ | 18,126 |
Vesting of RSUs and PSAs |  | 48,414 |  |  | 7,047 |  |  |  | 45,467 |  |  | 4,743 |
Total |  | 239,414 |  | $ | 33,566 |  |  |  | 225,467 |  | $ | 22,869 |

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