Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 30, 2026

Reclassification out of Accumulated Other Comprehensive Income

Reclassifications out of Accumulated other comprehensive loss for the three and six months ended June 30, 2026 and 2025, were as follows (in thousands):


		Three Months Ended June 30,				Six Months Ended June 30,
Cash flow hedges	Included in Income Statement line-item	2026		2025			2026		2025
Interest rate swaps	Interest expense, net	$	(604)	$	2,914		$	(940)	$	5,577
Income tax effect (1)	Income tax expense	149		(703)			232		(1,348)
Total gain/(loss) on cash flow hedges		$	(455)	$	2,211		$	(708)	$	4,229

(1)Income tax effects are released from Accumulated other comprehensive loss contemporaneously with the related gross pretax amount.

Schedule of Accumulated Other Comprehensive Income (Loss)

Changes in Accumulated other comprehensive loss for the three and six months ended June 30, 2026 and 2025, were as follows (in thousands):


	Three Months Ended June 30,
	2026								2025
	Debt Securities		Cash		Currency		Accumulated		Debt Securities		Cash		Currency		Accumulated
	Available-for-sale		Flow Hedges		Translation Adjustments		Other Comp. Loss (1)		Available-for-sale		Flow Hedges		Translation Adjustments		Other Comp. Loss (1)
Balance as of beginning of period	$	(14)	$	2,605	$	(287,190)	$	(284,599)	$	24	$	169	$	(365,106)	$	(364,913)
Other comprehensive gain/(loss) before reclassifications	128		(2,653)		(7,052)		(9,577)		148		(4,086)		87,328		83,390
Reclassifications, net	—		455		—		455		—		(2,211)		—		(2,211)
Net current period other comprehensive gain/(loss)	128		(2,198)		(7,052)		(9,122)		148		(6,297)		87,328		81,179
Balance as of end of period	$	114	$	407	$	(294,242)	$	(293,721)	$	172	$	(6,128)	$	(277,778)	$	(283,734)

(1)Net of deferred taxes for unrealized (gains)/losses from cash flow hedges of $0.7 million and $(2.0) million for the three months ended June 30, 2026 and 2025, respectively.


	Six Months Ended June 30,
	2026								2025
	Debt Securities		Cash		Currency		Accumulated		Debt Securities		Cash		Currency		Accumulated
	Available-for-sale		Flow Hedges		Translation Adjustments		Other Comp. Loss (1)		Available-for-sale		Flow Hedges		Translation Adjustments		Other Comp. Loss (1)
Balance as of beginning of period	$	126	$	(5,731)	$	(281,410)	$	(287,015)	$	205	$	2,111	$	(445,710)	$	(443,394)
Other comprehensive gain/(loss) before reclassifications	(12)		5,430		(12,832)		(7,414)		(33)		(4,010)		167,932		163,889
Reclassifications, net	—		708		—		708		—		(4,229)		—		(4,229)
Net current period other comprehensive gain/(loss)	(12)		6,138		(12,832)		(6,706)		(33)		(8,239)		167,932		159,660
Balance as of end of period	$	114	$	407	$	(294,242)	$	(293,721)	$	172	$	(6,128)	$	(277,778)	$	(283,734)

(1)Net of deferred taxes for unrealized gains from cash flow hedges of $(0.1) million and $(2.0) million for the six months ended June 30, 2026 and 2025, respectively.