| Comprehensive income |
Accumulated other comprehensive loss | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended March 31, 2026 | | Three months ended March 31, 2025 | | | | Interest rate cap agreements | | Foreign currency translation adjustments | | Accumulated other comprehensive loss | | Interest rate cap agreements | | Defined benefit pension plan | | Foreign currency translation adjustments | | Accumulated other comprehensive loss | | | | | | | | | | Beginning balance | $ | (22,398) | | | $ | (100,385) | | | $ | (122,783) | | | $ | (8,557) | | | $ | 46 | | | $ | (302,285) | | | $ | (310,796) | | | | | | | | | | | Unrealized gains (losses) | 6,867 | | | 27,793 | | | 34,660 | | | (11,373) | | | — | | | 90,856 | | | 79,483 | | | | | | | | | | | Related income tax | (1,713) | | | — | | | (1,713) | | | 2,838 | | | — | | | — | | | 2,838 | | | | | | | | | | | 5,154 | | | 27,793 | | | 32,947 | | | (8,535) | | | — | | | 90,856 | | | 82,321 | | | | | | | | | | | Reclassification into net income | 3,834 | | | — | | | 3,834 | | | 2,009 | | | — | | | — | | | 2,009 | | | | | | | | | | | Related income tax | (957) | | | — | | | (957) | | | (502) | | | — | | | — | | | (502) | | | | | | | | | | | 2,877 | | | — | | | 2,877 | | | 1,507 | | | — | | | — | | | 1,507 | | | | | | | | | | | Ending balance | $ | (14,367) | | | $ | (72,592) | | | $ | (86,959) | | | $ | (15,585) | | | $ | 46 | | | $ | (211,429) | | | $ | (226,968) | | | | | | | | | |
The interest rate cap agreement net realized losses reclassified into net income are recorded as debt expense in the corresponding consolidated statements of income. See Note 6 for further details.
|