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Accumulated Other Comprehensive (Loss) Income (Tables)
6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income
The following tables provide a reconciliation of the components of accumulated other comprehensive (loss) income, net of tax, attributable to The Medicines Company for the three and six months ended June 30, 2016 and 2015:
 
 
Three Months Ended June 30,
 
 
2016
 
2015
 
 
Foreign currency translation adjustment
 
Unrealized (gain) loss on available for sale securities
 
Total
 
Foreign currency translation adjustment
 
Unrealized (gain) loss on available for sale securities
 
Total
 
 
(in thousands)
Balance at beginning of period
 
$
(5,377
)
 
$

 
$
(5,377
)
 
$
5,185

 
$
49

 
$
5,234

Other comprehensive loss before reclassifications
 
(37
)
 

 
(37
)
 
(752
)
 

 
(752
)
Amounts reclassified from accumulated other comprehensive income
 

 

 

 

 

 

Total other comprehensive loss
 
(37
)
 

 
(37
)
 
(752
)
 

 
(752
)
Balance at end of period
 
$
(5,414
)
 
$

 
$
(5,414
)
 
$
4,433

 
$
49

 
$
4,482


 
 
Six Months Ended June 30,
 
 
2016
 
2015
 
 
Foreign currency translation adjustment
 
Unrealized (gain) loss on available for sale securities
 
Total
 
Foreign currency translation adjustment
 
Unrealized (gain) loss on available for sale securities
 
Total
 
 
(in thousands)
Balance at beginning of period
 
$
3,924

 
$
49

 
$
3,973

 
$
2,479

 
$
49

 
$
2,528

Other comprehensive income before reclassifications
 
278

 

 
278

 
1,954

 

 
1,954

Amounts reclassified from accumulated other comprehensive income(1) (2)
 
(9,616
)
 
(49
)
 
(9,665
)
 

 

 

Total other comprehensive (loss) income
 
(9,338
)
 
(49
)
 
(9,387
)
 
1,954

 

 
1,954

Balance at end of period
 
$
(5,414
)
 
$

 
$
(5,414
)
 
$
4,433

 
$
49

 
$
4,482

_______________________________________
(1)
Amounts were reclassified to other income in the accompanying condensed consolidated statements of operations. There is generally no tax impact related to foreign currency translation adjustments, as earnings are considered permanently reinvested. In addition, there were no material tax impacts related to unrealized gains or losses on available for sale securities in the periods presented.
(2)
See Note 16, “Discontinued Operations,” for a discussion of this reclass of foreign currency translation adjustment.