Other Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2019

Components of Accumulated Other Comprehensive Loss

Changes in the balances of each component included in 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 on Foreign Exchange Contracts			Total
Balance as of December 31, 2018 ⁽¹⁾	$	(5,584	)	$	195		$	(5,389	)
Other comprehensive income (loss) before reclassifications		695			111			806
Net (gains) losses reclassified from accumulated other comprehensive loss		0			(14	)		(14	)
Net other comprehensive loss		695			97			792
Balance as of March 31, 2019 ⁽²⁾	$	(4,889	)	$	292		$	(4,597	)

⁽¹⁾	Net of taxes of $68 thousand for unrealized net gains on foreign exchange contract derivatives and $149 thousand arising from the revaluation of tax effects included in accumulated other comprehensive income.

⁽²⁾	Net of taxes of $102 thousand for unrealized net losses on foreign exchange contract derivatives.

(In thousands)	Foreign Currency Translation Adjustments			Unrealized Net Gains on Foreign Exchange Contracts			Total
Balance as of December 31, 2017 ⁽¹⁾	$	(2,676	)	$	691		$	(1,985	)
Other comprehensive income (loss) before reclassifications		123			(58	)		65
Net (gains) losses reclassified from accumulated other comprehensive loss		0			(261	)		(261	)
Net other comprehensive income		123			(319	)		(196	)
Balance as of March 31, 2018⁽²⁾	$	(2,553	)	$	372		$	(2,181	)

⁽¹⁾ Net of taxes of $445 thousand for unrealized net gains on foreign exchange contract derivatives.

⁽²⁾ Net of taxes of $131 thousand for unrealized net losses on foreign exchange contract derivatives and $149 thousand arising from the revaluation of tax effects included in accumulated other comprehensive income.

Income Tax Effects Related to Components of Other Comprehensive Income (Loss)

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

	Three Months Ended March 31,
	2019									2018
(In thousands)	Before-Tax Amount			Tax Effect			Net Amount			Before-Tax Amount			Tax Effect		Net Amount
Foreign currency translation adjustments	$	695		$	0		$	695		$	123		$	0	$	123
Foreign exchange contracts:
Net (losses) gains arising during the period		151			(40	)		111			(78	)		20		(58	)
Net losses (gains) reclassified into income ⁽¹⁾		(19	)		5			(14	)		(555	)		294		(261	)
Net change in unrealized (losses) gains on foreign exchange contracts		132			(35	)		97			(633	)		314		(319	)
Net (loss) gain on cash flow hedges		132			(35	)		97			(633	)		314		(319	)
Other comprehensive (loss) income	$	827		$	(35	)	$	792		$	(510	)	$	314	$	(196	)

⁽¹⁾ Tax effects for the three months ended March 31, 2018 include $149 thousand arising from the revaluation of tax effects included in accumulated other comprehensive income at December 31, 2017.