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Accumulated Other Comprehensive Loss (Tables)
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Loss
The following tables provide a reconciliation of the components of accumulated other comprehensive loss, net of tax, attributable to The Medicines Company for the three and six months ended June 30, 2017 and 2016:

 
 
Three Months Ended June 30,
 
 
2017
 
2016
 
 
Foreign currency translation adjustment
 
Unrealized loss on available for sale securities
 
Total
 
Foreign currency translation adjustment
 
Unrealized loss on available for sale securities
 
Total
 
 
(in thousands)
Balance at beginning of period
 
$
(5,807
)
 
$

 
$
(5,807
)
 
$
(5,377
)
 
$

 
$
(5,377
)
Other comprehensive loss before reclassifications
 
368

 
(7
)
 
361

 
(37
)
 

 
(37
)
Total other comprehensive loss
 
368

 
(7
)
 
361

 
(37
)
 

 
(37
)
Balance at end of period
 
$
(5,439
)
 
$
(7
)
 
$
(5,446
)
 
$
(5,414
)
 
$

 
$
(5,414
)

 
 
Six Months Ended June 30,
 
 
2017
 
2016
 
 
Foreign currency translation adjustment
 
Unrealized 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
 
$
(5,479
)
 
$

 
$
(5,479
)
 
$
3,924

 
$
49

 
$
3,973

Other comprehensive income before reclassifications
 
40

 
(7
)
 
33

 
278

 

 
278

Amounts reclassified from accumulated other comprehensive income(1) (2)
 

 

 

 
(9,616
)
 
(49
)
 
(9,665
)
Total other comprehensive (loss) income
 
40

 
(7
)
 
33

 
(9,338
)
 
(49
)
 
(9,387
)
Balance at end of period
 
$
(5,439
)
 
$
(7
)
 
$
(5,446
)
 
$
(5,414
)
 
$

 
$
(5,414
)
_______________________________________
(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.