Derivatives (Tables)

6 Months Ended

Jun. 30, 2025

The location and gains (losses) on derivatives are reported in the Consolidated Statements of Income as follows:


		Three Months Ended June 30,		Six Months Ended June 30,
	Income Statement Caption	2025	2024	2025	2024
Change in the fair value of the Deal-Contingent Forward	General and administrative	$—	$(2,050)	$—	$(4,532)
Total impact of derivatives not designated as hedging instruments		$—	$(2,050)	$—	$(4,532)

Interest rate cap premium amortization	Interest expense, net	$(1,739)	$(1,739)	$(3,477)	$(3,477)
Amounts reclassified out of other comprehensive income related to the interest rate cap	Interest expense, net	3,980	6,507	7,933	13,051
Total impact of derivatives designated as hedging instruments		$2,241	$4,768	$4,456	$9,574

The location and fair value of derivatives designated as hedging instruments are reported on the Consolidated Balance

Sheets as follows: