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Equity (Tables)
12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table is a summary of the components of accumulated other comprehensive income (loss) as of December 31, 2015 and 2014:
(in thousands)
2015
 
2014
Net unrealized gain on hedging contracts, net of tax
$
48

 
$

Net unrealized gain on marketable securities, net of tax
1,215

 

Net unrealized loss on pension, net of tax
(2,148
)
 
(882
)
Foreign currency effects from intercompany long-term investment transactions, net of tax of $7.4 million and $6.8 million in 2015 and 2014, respectively
(15,497
)
 
(12,933
)
Foreign currency translation adjustments
(242,774
)
 
(120,920
)
Accumulated other comprehensive loss
$
(259,156
)
 
$
(134,735
)