STOCKHOLDERS' EQUITY |
STOCKHOLDERS’ EQUITY Accumulated Other Comprehensive Income (Loss)
The following table shows the changes in balances for accumulated other comprehensive income (loss) (in thousands):
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Currency Translation Adjustments |
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Pension Liability Adjustments |
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Unrealized gain (loss) on cash flow hedges |
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Total |
Balance as of December 31, 2022 |
$ |
(45,350) |
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$ |
(40,090) |
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$ |
1,383 |
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$ |
(84,057) |
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Other comprehensive income (loss) |
10,634 |
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— |
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(1,097) |
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9,537 |
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Reclassified from accumulated other comprehensive loss |
— |
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— |
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590 |
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590 |
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Net current period other comprehensive income (loss) |
10,634 |
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— |
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(507) |
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10,127 |
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Foreign exchange rate impact |
1,111 |
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(1,111) |
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— |
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— |
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Balance as of March 31, 2023 |
$ |
(33,605) |
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$ |
(41,201) |
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$ |
876 |
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(73,930) |
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Other comprehensive income (loss) |
13,479 |
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— |
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(1,064) |
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12,415 |
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Reclassified from accumulated other comprehensive loss |
— |
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— |
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451 |
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451 |
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Net current period other comprehensive income (loss) |
13,479 |
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— |
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(613) |
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12,866 |
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Foreign exchange rate impact |
1,158 |
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(1,158) |
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— |
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— |
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Balance as of June 30, 2023 |
$ |
(18,968) |
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$ |
(42,359) |
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$ |
263 |
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$ |
(61,064) |
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