STOCKHOLDERS’ EQUITY Accumulated Other Comprehensive Income (Loss)
The following table shows the changes in balances for accumulated other comprehensive income (loss), net of tax (in thousands):
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Currency Translation Adjustments |
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Pension Liability Adjustments |
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Unrealized gains (losses) on cash flow hedges |
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Total |
Balance as of December 31, 2023 |
$ |
(21,601) |
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$ |
(34,941) |
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$ |
1,899 |
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$ |
(54,643) |
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Other comprehensive income (loss) |
(8,267) |
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— |
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(4,496) |
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(12,763) |
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Reclassified from accumulated other comprehensive loss |
— |
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5 |
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625 |
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630 |
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Income tax benefit (expense) |
— |
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— |
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28 |
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28 |
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Net current period other comprehensive income (loss) |
(8,267) |
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5 |
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(3,843) |
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(12,105) |
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Foreign exchange rate impact |
(316) |
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316 |
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— |
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— |
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Balance as of March 31, 2024 |
$ |
(30,184) |
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$ |
(34,620) |
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$ |
(1,944) |
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$ |
(66,748) |
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