Quarterly report pursuant to Section 13 or 15(d)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
6 Months Ended
Jun. 30, 2023
AOCI Attributable to Parent [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
NOTE 12: ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
The following table summarizes accumulated other comprehensive income (loss) (“AOCI”), net of taxes, by component (in thousands):
Net Currency Translation Gains (Losses) Cash Flow Hedges Funded Status of
Benefit Plans
Total Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2021
$ 8,758  $ —  $ 929  $ 9,687 
Other comprehensive loss before reclassifications (2,003) —  —  (2,003)
Amounts reclassified from AOCI —  —  (224) (224)
Balance at March 31, 2022
6,755  —  705  7,460 
Other comprehensive loss before reclassifications (14,848) —  —  (14,848)
Amounts reclassified from AOCI —  —  17  17 
Balance at June 30, 2022
$ (8,093) $ —  $ 722  $ (7,371)
Balance at December 31, 2022
$ (4,711) $ —  $ 3,669  $ (1,042)
Other comprehensive income before reclassifications 4,416  —  —  4,416 
Amounts reclassified from AOCI —  —  (12) (12)
Balance at March 31, 2023
(295) —  3,657  3,362 
Other comprehensive (loss) income before reclassifications (2,371) 655  —  (1,716)
Amounts reclassified from AOCI —  —  (11) (11)
Balance at June 30, 2023
$ (2,666) $ 655  $ 3,646  $ 1,635