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Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2017 and 2016:
 
 
Three Months Ended September 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
 
$
(5,439
)
 
$
(7
)
 
$
(5,446
)
 
$
(5,414
)
 
$

 
$
(5,414
)
Other comprehensive loss before reclassifications
 
487

 
10

 
497

 
(70
)
 

 
(70
)
Total other comprehensive loss
 
487

 
10

 
497

 
(70
)
 

 
(70
)
Balance at end of period
 
$
(4,952
)
 
$
3

 
$
(4,949
)
 
$
(5,484
)
 
$

 
$
(5,484
)

 
 
Nine Months Ended September 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
 
527

 
3

 
530

 
208

 

 
208

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

 

 

 
(9,616
)
 
(49
)
 
(9,665
)
Total other comprehensive (loss) income
 
527

 
3

 
530

 
(9,408
)
 
(49
)
 
(9,457
)
Balance at end of period
 
$
(4,952
)
 
$
3

 
$
(4,949
)
 
$
(5,484
)
 
$

 
$
(5,484
)
_______________________________________
(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.