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OTHER COMPREHENSIVE INCOME (LOSS) | 12 Months Ended
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Dec. 31, 2023
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract] |
OTHER COMPREHENSIVE INCOME (LOSS) | Reclassification adjustments – Information regarding amounts reclassified from accumulated other comprehensive loss to net income was as follows:
Accumulated other comprehensive loss components |  | Amounts reclassified from accumulated other comprehensive loss |  | Affected line item in consolidated statements of income
(in thousands) |  | 2023 |  | 2022 |  | 2021 |  |
Amortization of postretirement benefit plan items: |  |  |  |  |  |  |  |
Prior service credit |  | $ | 1,421 |  |  | $ | 1,421 |  |  | $ | 1,421 |  |  | Other income, net
Net actuarial loss |  | (2,273) |  |  | (900) |  |  | (1,629) |  |  | Other income, net
Total amortization |  | (852) |  |  | 521 |  |  | (208) |  |  | Other income, net
Tax benefit (expense) |  | 67 |  |  | (315) |  |  | (123) |  |  | Income tax provision
Amortization of postretirement benefit plan items, net of tax |  | (785) |  |  | 206 |  |  | (331) |  |  | Net income
Debt securities: |  |  |  |  |  |  |  |
Realized loss on debt securities |  | (1,468) |  |  | (8) |  |  | — |  |  | Other income, net
Tax benefit |  | 376 |  |  | 2 |  |  | — |  |  | Income tax provision
Realized loss on debt securities, net of tax |  | (1,092) |  |  | (6) |  |  | — |  |  | Net income
Cash flow hedges: |  |  |  |  |  |  |  |
Realized gain (loss) on cash flow hedges |  | 3,227 |  |  | 20 |  |  | (1,384) |  |  | Interest expense
Tax (expense) benefit |  | (872) |  |  | (5) |  |  | 361 |  |  | Income tax provision
Realized gain (loss) on cash flow hedges, net of tax |  | 2,355 |  |  | 15 |  |  | (1,023) |  |  | Net income
Foreign currency translation adjustment(1) |  | (863) |  |  | (5,550) |  |  | — |  |  | Gain on sale of businesses and long-lived assets
Total reclassifications, net of tax |  | $ | (385) |  |  | $ | (5,335) |  |  | $ | (1,354) |  |  |
(1) Relates to the sale of our web hosting businesses. Further information can be found in Note 6. Accumulated other comprehensive loss – Changes in the components of accumulated other comprehensive loss were as follows:
(in thousands) |  | Postretirement benefit plans |  | Net unrealized loss on debt securities |  | Net unrealized loss on cash flow hedges |  | Foreign currency translation adjustment |  | Accumulated other comprehensive loss
Balance, December 31, 2020 |  | $ | (21,956) |  |  | $ | (90) |  |  | $ | (5,351) |  |  | $ | (14,036) |  |  | $ | (41,433) |
Other comprehensive income (loss) before reclassifications |  | 6,194 |  |  | (254) |  |  | 2,067 |  |  | 580 |  |  | 8,587 |
Amounts reclassified from accumulated other comprehensive loss |  | 331 |  |  | — |  |  | 1,023 |  |  | — |  |  | 1,354 |
Net other comprehensive income (loss) |  | 6,525 |  |  | (254) |  |  | 3,090 |  |  | 580 |  |  | 9,941 |
Balance, December 31, 2021 |  | (15,431) |  |  | (344) |  |  | (2,261) |  |  | (13,456) |  |  | (31,492) |
Other comprehensive (loss) income before reclassifications |  | (11,235) |  |  | (571) |  |  | 4,869 |  |  | (4,170) |  |  | (11,107) |
Amounts reclassified from accumulated other comprehensive loss |  | (206) |  |  | 6 |  |  | (15) |  |  | 5,550 |  |  | 5,335 |
Net other comprehensive (loss) income |  | (11,441) |  |  | (565) |  |  | 4,854 |  |  | 1,380 |  |  | (5,772) |
Balance, December 31, 2022 |  | (26,872) |  |  | (909) |  |  | 2,593 |  |  | (12,076) |  |  | (37,264) |
Other comprehensive income (loss) before reclassifications |  | 6,263 |  |  | (183) |  |  | (524) |  |  | 1,295 |  |  | 6,851 |
Amounts reclassified from accumulated other comprehensive loss |  | 785 |  |  | 1,092 |  |  | (2,355) |  |  | 863 |  |  | 385 |
Net other comprehensive income (loss) |  | 7,048 |  |  | 909 |  |  | (2,879) |  |  | 2,158 |  |  | 7,236 |
Balance, December 31, 2023 |  | $ | (19,824) |  |  | $ | — |  |  | $ | (286) |  |  | $ | (9,918) |  |  | $ | (30,028) |

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//220/tableOfContent + Details
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