v3.25.2
Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Loss
The following table represents the activity of cash flow hedges included in accumulated other comprehensive loss for the periods presented:
(in thousands) 20252024
Balance as of December 31, net of tax (Prior Year)$(5,063)$(11,778)
Unrealized (loss) gain recognized in other comprehensive income before reclassifications$(1,330)$6,963 
Reclassifications to interest expense$(294)$1,579 
Balance as of March 31, net of tax$(6,687)$(3,236)
Unrealized gain recognized in other comprehensive income before reclassifications$1,009 $593 
Reclassifications to interest expense$(256)$1,522 
Balance as of June 30, net of tax$(5,934)$(1,121)
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The following table represents the fair value of derivative assets and liabilities within the unaudited condensed consolidated balance sheets:
(in thousands)
Fair Value at June 30, 2025
Fair Value at December 31, 2024
Derivatives designated as cash flow hedging instruments:
Other accrued expenses
$5,400 $3,115 
Other liabilities$2,584 $3,599