Derivative Instruments (Tables)

Below is a summary of the effect of derivative instruments on the consolidated statements of changes in equity and income for the three and six months ended June 30, 2026 and 2025.

Effect of Derivative Instruments on the Consolidated Statements of Changes in Equity and Comprehensive Income for the Three and Six Months Ended June 30, 2026 and 2025 (Dollars in thousands)


	Three Months Ended June 30,				Six Months Ended June 30,
Description	2026		2025		2026		2025
Cash Flow Hedges
Interest Rate Swaps
Amount of Gain Recognized in AOCI on Derivative	$	3	$	108	$	39	$	128
Amount of (Expense) Income Reclassified from AOCI into Earnings (1)	(14)		120		(25)		240
Cross-Currency Swaps
Amount of Gain (Loss) Recognized in AOCI on Derivative	140		(1,268)		395		(1,200)
Amount of Income Reclassified from AOCI into Earnings (2)	103		66		184		338
Fair Value Hedges
Cross-Currency Swaps
Amount of Loss Recognized in AOCI on Derivative (3)	(226)		—		(183)		—

Amount of Gain Recognized in Earnings (2)(3)	43		—		82		—
Net Investment Hedges



Currency Forward Agreements
Amount of Gain (Loss) Recognized in AOCI on Derivative	4,387		(9,074)		8,241		(8,762)

Total
Amount of Gain (Loss) Recognized in AOCI on Derivatives	$	4,304	$	(10,234)	$	8,492	$	(9,834)
Amount of Income Reclassified from AOCI into Earnings	89		186		159		578
Amount of Gain Recognized in Earnings	43		—		82		—

Interest expense, net in accompanying consolidated statements of income and comprehensive income	$	38,275	$	33,246	$	73,038	$	66,267
Other income in accompanying consolidated statements of income and comprehensive income	$	11,764	$	12,218	$	21,834	$	23,854

(1) Included in "Interest expense, net" in the accompanying consolidated statements of income and comprehensive income for the three and six months ended June 30, 2026 and 2025.

(2) Included in "Other income" in the accompanying consolidated statements of income and comprehensive income for the three and six months ended June 30, 2026 and 2025.