XML 44 R32.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Stock-Based Compensation and Equity (Tables)
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Schedule of Earnings Per Share Reconciliation
The following table summarizes basic and diluted earnings (dollars in thousands):
 Three Months Ended March 31,
 20242023
Net (loss) income — basic and diluted$(27,842)$3,743 
Weighted-average shares outstanding – basic and diluted14,785,118 14,620,919 
Schedule of Reclassification out of Accumulated Other Comprehensive Income
The following tables present a reconciliation of changes in Accumulated other comprehensive loss by component for the periods presented (in thousands):
Three Months Ended March 31, 2024
Gains and (Losses) on Derivative InstrumentsForeign Currency Translation AdjustmentsTotal
Beginning balance$(1,191)$(34,409)$(35,600)
Other comprehensive loss before reclassifications(3)(2,230)(2,233)
Amounts reclassified from accumulated other comprehensive loss to:
Interest expense215 — 215 
Total215 — 215 
Net current period other comprehensive loss212 (2,230)(2,018)
Ending balance$(979)$(36,639)$(37,618)
Three Months Ended March 31, 2023
Gains and (Losses) on Derivative InstrumentsForeign Currency Translation AdjustmentsTotal
Beginning balance$— $(42,464)$(42,464)
Net current period other comprehensive income— 131 131 
Ending balance$— $(42,333)$(42,333)
See Note 8 for additional information on our derivatives activity recognized within Other comprehensive (loss) income for the periods presented.