The following table summarizes the changes in accumulated balances of other comprehensive income (“AOCI”) for the years ended December 31, 2023, 2022 and 2021, respectively.
|
|
|
|
|
|
|
|
|
|
|
|
|
(in thousands) |
Unrealized Gain (Loss) on Cash Flow Hedges |
|
Unrealized Loss on Investments |
|
Foreign Currency Translation Adjustments |
|
Total |
|
Balances as of December 31, 2020 |
$ |
— |
|
$ |
— |
|
$ |
(131 |
) |
$ |
(131 |
) |
Other comprehensive income before reclassifications |
|
— |
|
|
— |
|
|
193 |
|
|
193 |
|
Balances as of December 31, 2021 |
$ |
— |
|
$ |
— |
|
$ |
62 |
|
$ |
62 |
|
Other comprehensive income (loss) before reclassifications |
|
4,480 |
|
|
(135 |
) |
|
(566 |
) |
|
3,779 |
|
Amounts reclassified from AOCI |
|
(173 |
) |
|
— |
|
|
— |
|
|
(173 |
) |
Balances as of December 31, 2022 |
$ |
4,307 |
|
$ |
(135 |
) |
$ |
(504 |
) |
$ |
3,668 |
|
Other comprehensive income before reclassifications |
|
1,119 |
|
|
231 |
|
|
130 |
|
|
1,480 |
|
Amounts reclassified from AOCI |
|
(3,039 |
) |
|
— |
|
|
— |
|
|
(3,039 |
) |
Balances as of December 31, 2023 |
$ |
2,387 |
|
$ |
96 |
|
$ |
(374 |
) |
$ |
2,109 |
|
|