Annual report pursuant to Section 13 and 15(d)

Other Expenses, Net

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Other Expenses, Net
12 Months Ended
Dec. 31, 2021
Other Income and Expenses [Abstract]  
Other Expenses, Net OTHER EXPENSES, NET
The following table presents the components of other expenses, net:
Year Ended December 31,
  2021 2020 2019
Loss (gain) on derivatives $ 240  $ (705) $ (1,068)
Interest expense, net of interest income 14,361  15,422  13,841 
Amortization of debt discount and debt issuance costs 2,849  2,686  2,229 
Foreign currency transaction loss (gain) 852  (481) 59 
Government incentives (1,012) (1,851) — 
Other expenses, net $ 17,290  $ 15,071  $ 15,061 
Estimated amortization expense for existing debt discount and debt issuance costs for the next five succeeding fiscal years is as follows:
Estimated Amortization
2022 $ 2,732 
2023 $ 2,126 
2024 $ 1,807 
2025 $ 1,396 
2026 $ 1,067