Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
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:
(in thousands)
Balance at December 31, 2021 $ 11,823  $ 797  $ 12,620 
Other comprehensive income (loss) 3,397  (13,835) (10,438)
Balance at June 30, 2022 $ 15,220  $ (13,038) $ 2,182 

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.