Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Comprehensive Income (Loss)

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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Statement of Other Comprehensive Income [Abstract]      
Net income (loss) $ (11,669) $ 144,574 $ (21,303)
Unrealized (loss) gain on derivatives qualified for hedge accounting:      
Unrealized gain on interest rate swaps 0 7,981 5,746
Reclassification adjustment included in earnings [1] (8,849) (10,955) 19,723
Total unrealized gain (loss) (8,849) (2,974) 25,469
Currency translation adjustment, net of tax benefit (expense) of $(27), $(175) and $(2) for the years ended December 31, 2023, 2022 and 2021, respectively 6,206 (14,590) (2,726)
Other comprehensive income (loss) (2,643) (17,564) 22,743
Comprehensive income (loss) (14,312) 127,010 1,440
Less: comprehensive loss attributable to noncontrolling interest (109) 0 0
Comprehensive income (loss) attributable to HireRight Holdings Corporation $ (14,203) $ 127,010 $ 1,440
[1] Represents the reclassification of the effective portion of the gain or loss on the Company’s interest rate swap into interest expense. Includes reclassification to earnings as a reduction to interest expense of unrealized gains included in accumulated other comprehensive income (loss) on the consolidated balance sheet related to the interest rate swap agreements terminated on February 18, 2022. See Note 13 for additional information.