Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2016

Components of Accumulated Other Comprehensive Loss

Changes in the balances of each component included in accumulated other comprehensive loss (“AOCI”) are presented in the tables below. All amounts are net of tax and exclude non-controlling interest.

(In thousands)	Foreign Currency Translation Adjustments			Unrealized Net Gains (Losses) on Available for Sale Securities			Unrealized Net Gains (Losses) on Interest Rate Swap			Unrealized Net Gains (Losses) on Foreign Exchange Contracts			Total
Balance as of December 31, 2013 ⁽¹⁾	$	(1,590	)	$	124		$	(279	)	$	0		$	(1,745	)
Other comprehensive income (loss) before reclassifications		(529	)		16			(23	)		0			(536	)
Net losses (gains) reclassified from accumulated other comprehensive loss		0			0			302			0			302
Net other comprehensive (loss) income		(529	)		16			279			0			(234	)
Balance as of December 31, 2014 ⁽²⁾		(2,119	)		140			0			0			(1,979	)
Other comprehensive income (loss) before reclassifications		(2,381	)		0			0			191			(2,190	)
Net losses (gains) reclassified from accumulated other comprehensive loss		0			(140	)		0			67			(73	)
Net other comprehensive (loss) income		(2,381	)		(140	)		0			258			(2,263	)
Balance as of December 31, 2015 ⁽³⁾		(4,500	)		0			0			258			(4,242	)
Other comprehensive (loss) income before reclassifications		(1,528	)		(56,420	)		0			683			(57,265	)
Net losses (gains) reclassified from accumulated other comprehensive loss		0			0			0			(322	)		(322	)
Net other comprehensive (loss) income		(1,528	)		(56,420	)		0			361			(57,587	)
Balance as of December 31, 2016 ⁽⁴⁾	$	(6,028	)	$	(56,420	)	$	0		$	619		$	(61,829	)

⁽¹⁾ Net of taxes (benefits) of $79 thousand for unrealized net gains on available for sale securities and $(179) thousand for unrealized net losses on interest rate swap derivative

⁽²⁾ Net of taxes of $88 thousand for unrealized net gains on available for sale securities

⁽³⁾ Net of taxes of $166 thousand for unrealized net gains on foreign exchange contract derivatives

⁽⁴⁾ Net of taxes of $463 thousand for unrealized net gains on foreign exchange contract derivatives

Income Tax Effects Related to Components of Other Comprehensive Loss

The following tables reflect the tax effects allocated to each component of other comprehensive loss (“OCI”)

	Year Ended December 31, 2016
(In thousands)	Before-Tax Amount			Tax Effect			Net Amount
Foreign currency translation adjustments	$	(1,528	)	$	0		$	(1,528	)
Available for sale securities:
Net gain arising during the period		(56,359	)		(61	)		(56,420	)
Net gain reclassified into income		0			0			0
Net change in unrealized gains on available for sale securities		(56,359	)		(61	)		(56,420	)
Derivatives qualifying as cash flow hedges:
Foreign exchange contracts:
Net gains (losses) arising during the period		1,128			(445	)		683
Net (gains) losses reclassified into income		(531	)		209			(322	)
Net change in unrealized gains (losses) on foreign exchange contracts		597			(236	)		361
Net gain (loss) on cash flow hedges		597			(236	)		361
Other comprehensive loss	$	(57,290	)	$	(297	)	$	(57,587	)

	Year Ended December 31, 2015
(In thousands)	Before-Tax Amount			Tax Effect			Net Amount
Foreign currency translation adjustments	$	(2,381	)	$	0		$	(2,381	)
Available for sale securities:
Net gain arising during the period		0			0			0
Net gain reclassified into income		(228	)		88			(140	)
Net change in unrealized gains on available for sale securities		(228	)		88			(140	)
Derivatives qualifying as cash flow hedges:
Foreign exchange contracts:
Net gains (losses) arising during the period		314			(123	)		191
Net (gains) losses reclassified into income		110			(43	)		67
Net change in unrealized gains (losses) on foreign exchange contracts		424			(166	)		258
Net gain (loss) on cash flow hedges		424			(166	)		258
Other comprehensive loss	$	(2,185	)	$	(78	)	$	(2,263	)

	Year Ended December 31, 2014
(In thousands)	Before-Tax Amount			Tax Effect			Net Amount
Foreign currency translation adjustments	$	(529	)	$	0		$	(529	)
Available for sale securities:
Net gain arising during the period		25			(9	)		16
Net gain reclassified into income		0			0			0
Net change in unrealized gains on available for sale securities		25			(9	)		16
Derivatives qualifying as cash flow hedges:
Interest rate swap:
Net loss arising during the period		(38	)		15			(23	)
Net loss reclassified into income		496			(194	)		302
Net change in unrealized losses on interest rate swap		458			(179	)		279
Net gain (loss) on cash flow hedges		458			(179	)		279
Other comprehensive loss	$	(46	)	$	(188	)	$	(234	)