Accumulated Other Comprehensive Income (Loss)
|6 Months Ended|
Jun. 30, 2022
|Accumulated Other Comprehensive Income (Loss)||Accumulated Other Comprehensive Income (Loss)
Accumulated other comprehensive income (loss) consists primarily of unrealized changes in fair value of derivative instruments that qualified for hedge accounting prior to termination and cumulative foreign currency translation adjustments.
The components of accumulated other comprehensive income (loss) as of June 30, 2022 and December 31, 2021 were as follows:
The Company terminated the Interest Rate Swap Agreements effective February 18, 2022. As of June 30, 2022, $11.2 million of the remaining accumulated other comprehensive income related to hedge accounting is expected to be reclassified into earnings over the next 12 months.
The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef