Accumulated Other Comprehensive Income (Loss)

The following table summarizes the changes in accumulated balances for each component of other comprehensive income (loss) for the three months ended June 30, 2015, net of taxes (in thousands):



	Cumulative Translation Adjustments			Net Unrealized Gain (Loss) on Available-for-Sale Investments				Net Unrealized Gain (Loss) on Cash Flow Hedges				Total
Accumulated other comprehensive (loss) income as of March 31, 2015	$	(48,315	)	$	119			$	202			$	(47,994	)
Other comprehensive income (loss):
Other comprehensive income (loss) before reclassifications, net of tax (expense) benefit of $(248), $(43), $ and $72	6,952			68				(117		)		6,903
Net gain reclassified from accumulated other comprehensive income (loss), net of tax expense of $ —, $(118) and $(23)	—			(189		)	⁽ⁱ⁾	(36		)	⁽ⁱⁱ⁾	(225		)
Total other comprehensive income (loss), net of tax effect ⁽ⁱⁱⁱ⁾	6,952			(121		)		(153		)		6,678
Accumulated other comprehensive (loss) income as of June 30, 2015	$	(41,363	)	$	(2	)		$	49			$	(41,316	)

____________________


(i)	The before-tax gain of $307 was included in other expense, net on the condensed consolidated statements of income.


(ii)	The before-tax gain of $14 and $45 were included in cost of service revenues and operating expenses, primarily research and development expense, respectively on the condensed consolidated statements of income.


(iii)	The tax expense related to the net gain reclassified from accumulated other comprehensive (loss) income was included in income tax provision on the condensed consolidated statements of income.

The following table summarizes the changes in accumulated balances for each component of other comprehensive income (loss) for the three months ended June 30, 2014, net of taxes (in thousands):



	Cumulative Translation Adjustments			Net Unrealized Gain (Loss) on Available-for-Sale Investments				Net Unrealized Loss on Cash Flow Hedges				Total
Accumulated other comprehensive (loss) income as of March 31, 2014	$	(2,310	)	$	154			$	803			$	(1,353	)
Other comprehensive (loss) income:
Other comprehensive (loss) income before reclassifications, net of tax expense of $(118), $(77) and $(250)	(312		)	125				406				219
Net gain reclassified from accumulated other comprehensive (loss) income, net of tax expense of $ —, $(1) and $(104)	—			(2		)	⁽ⁱ⁾	(168		)	⁽ⁱⁱ⁾	(170		)
Total other comprehensive (loss) income, net of tax effect ⁽ⁱⁱⁱ⁾	(312		)	123				238				49
Accumulated other comprehensive (loss) income as of June 30, 2014	$	(2,622	)	$	277			$	1,041			$	(1,304	)

____________________


(i)	The before-tax loss of $3 was included in other expense, net on the condensed consolidated statements of income.


(ii)	The before-tax losses of $66 and $206 were included in cost of service revenues and operating expenses, primarily research and development expense, respectively on the condensed consolidated statements of income.


(iii)	The tax expense related to the net gain reclassified from accumulated other comprehensive (loss) income was included in income tax provision on the condensed consolidated statements of income.

The following table summarizes the changes in accumulated balances for each component of other comprehensive income (loss) for the six months ended June 30, 2015, net of taxes (in thousands):



	Cumulative Translation Adjustments			Net Unrealized Gain (Loss) on Available-for-Sale Investments				Net Unrealized Gain (Loss) on Cash Flow Hedges				Total
Accumulated other comprehensive (loss) income as of December 31, 2014	$	(31,312	)	$	(129	)		$	(348	)		$	(31,789	)
Other comprehensive income (loss):
Other comprehensive (loss) income before reclassifications, net of tax benefit (expense) of $1,312, $(198) and $(404)	(10,051		)	319				654				(9,078		)
Net gain reclassified from accumulated other comprehensive (loss) income , net of tax expense of $ —, $(120) and $(160)	—			(192		)	⁽ⁱ⁾	(257		)	⁽ⁱⁱ⁾	(449		)
Total other comprehensive (loss) income, net of tax effect ⁽ⁱⁱⁱ⁾	(10,051		)	127				397				(9,527		)
Accumulated other comprehensive (loss) income as of June 30, 2015	$	(41,363	)	$	(2	)		$	49			$	(41,316	)

____________________


(i)	The before-tax gain of $312 was included in other expense, net on the condensed consolidated statements of income.


(ii)	The before-tax gain of $102 and $315 were included in cost of service revenues and operating expenses, primarily research and development expense, respectively on the condensed consolidated statements of income.


(iii)	The tax expense related to the net gain reclassified from accumulated other comprehensive (loss) income was included in income tax provision on the condensed consolidated statements of income.

The following table summarizes the changes in accumulated balances for each component of other comprehensive income (loss) for the six months ended June 30, 2014, net of taxes (in thousands):



	Cumulative Translation Adjustments			Net Unrealized Gain (Loss) on Available-for-Sale Investments				Net Unrealized Loss on Cash Flow Hedges				Total
Accumulated other comprehensive (loss) income as of December 31, 2013	$	(2,879	)	$	63			$	(396	)		$	(3,212	)
Other comprehensive income (loss):
Other comprehensive income before reclassifications, net of tax expense of $(279), $(134) and $(800)	257			218				1,304				1,779
Net (gain) loss reclassified from accumulated other comprehensive income, net of tax (expense) benefit of $ —, $(2) and $81	—			(4		)	⁽ⁱ⁾	133			⁽ⁱⁱ⁾	129
Total other comprehensive income (loss), net of tax effect ⁽ⁱⁱⁱ⁾	257			214				1,437				1,908
Accumulated other comprehensive (loss) income as of June 30, 2014	$	(2,622	)	$	277			$	1,041			$	(1,304	)

____________________


(i)	The before-tax gain of $6 was included in other expense, net on the condensed consolidated statements of income.


(ii)	The before-tax losses of $54 and $160 were included in cost of service revenues and operating expenses, primarily research and development expense, respectively on the condensed consolidated statements of income.


(iii)	The tax (expense) benefit related to the net (gain) loss reclassified from accumulated other comprehensive income (loss) was included in income tax provision on the condensed consolidated statements of income.

The Company did not have any other-than-temporary impairment recognized in accumulated other comprehensive income (loss) as of June 30, 2015 and December 31, 2014.

The Company determines the basis of the cost of a security sold and the amount reclassified out of other comprehensive income into statement of income based on specific identification.

See Note 1. Summary of Significant Accounting Policies, Note 6. Derivative Financial Instruments, and Note 11. Commitments and Contingencies of Notes to Condensed Consolidated Financial Statements in Part I, Item 1 of this Report for a further discussion.