Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2016

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

Reclassifications out of accumulated other comprehensive income (loss) by component is as follows: 

Details about accumulated other comprehensive loss components	Three months ended September 30,						Nine months ended September 30,						Affected line items in the statement where net income is presented
	2016			2015			2016			2015
	(in thousands)
Derivatives designated as hedging instruments under ASC 815
Foreign currency derivative losses (gains)	$	1,842		$	(5,003	)	$	(1,679	)	$	(13,415	)	Passenger revenue
Interest rate derivative losses, net	—			170			944			536			Interest expense
Total before tax	1,842			(4,833		)	(735		)	(12,879		)
Tax expense (benefit)	(701		)	1,826			272			4,866
Total, net of tax	$	1,141		$	(3,007	)	$	(463	)	$	(8,013	)
Amortization of defined benefit plan items
Actuarial loss	$	1,950		$	2,955		$	5,780		$	8,315		Wages and benefits
Prior service cost	57			57			171			171			Wages and benefits
Total before tax	2,007			3,012			5,951			8,486
Tax benefit	(714		)	(1,118		)	(2,207		)	(3,194		)
Total, net of tax	$	1,293		$	1,894		$	3,744		$	5,292
Short-term investments
Realized gain on sales of investments, net	$	(129	)	$	(1	)	$	(189	)	$	(36	)	Other nonoperating income
Total before tax	(129		)	(1		)	(189		)	(36		)
Tax expense	49			—			69			7
Total, net of tax	(80		)	$	(1	)	$	(120	)	$	(29	)
Total reclassifications for the period	$	2,354		$	(1,114	)	$	3,161		$	(2,750	)

A rollforward of the amounts included in accumulated other comprehensive income (loss), net of taxes, for the three and nine months ended September 30, 2016 and 2015 is as follows:

Three months ended September 30, 2016	Interest Rate Derivatives		Foreign Currency Derivatives			Defined Benefit Plan Items			Short-Term Investments			Total
	(in thousands)
Beginning balance	$	—	$	(10,348	)	$	(101,710	)	$	311		$	(111,747	)
Other comprehensive loss before reclassifications, net of tax	—		(2,999		)	—			(166		)	(3,165		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	—		1,141			1,293			(80		)	2,354
Net current-period other comprehensive income (loss)	—		(1,858		)	1,293			(246		)	(811		)
Ending balance	$	—	$	(12,206	)	$	(100,417	)	$	65		$	(112,558	)

Three months ended September 30, 2015	Interest Rate Derivatives			Foreign Currency Derivatives			Defined Benefit Plan Items			Short-Term Investments			Total
	(in thousands)
Beginning balance	$	262		$	10,423		$	(132,163	)	$	(74	)	$	(121,552	)
Other comprehensive income (loss) before reclassifications, net of tax	(641		)	967			—			60			386
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	104			(3,111		)	1,894			(1		)	(1,114		)
Net current-period other comprehensive income (loss)	(537		)	(2,144		)	1,894			59			(728		)
Ending balance	$	(275	)	$	8,279		$	(130,269	)	$	(15	)	$	(122,280	)

Nine months ended September 30, 2016	Interest Rate Derivatives			Foreign Currency Derivatives			Defined Benefit Pension Items			Short-Term Investments			Total
	(in thousands)
Beginning balance	$	81		$	4,879		$	(103,865	)	$	(372	)	$	(99,277	)
Other comprehensive income (loss) before reclassifications, net of tax	(668		)	(16,035		)	(296		)	557			(16,442		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	587			(1,050		)	3,744			(120		)	3,161
Net current-period other comprehensive income (loss)	(81		)	(17,085		)	3,448			437			(13,281		)
Ending balance	$	—		$	(12,206	)	$	(100,417	)	$	65		$	(112,558	)

Nine months ended September 30, 2015	Interest Rate Derivatives			Foreign Currency Derivatives			Defined Benefit Pension Items			Short-Term Investments			Total
	(in thousands)
Beginning balance	$	254		$	12,708		$	(135,520	)	$	(254	)	$	(122,812	)
Other comprehensive income (loss) before reclassifications, net of tax	(857		)	3,912			(41		)	268			3,282
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	328			(8,341		)	5,292			(29		)	(2,750		)
Net current-period other comprehensive income (loss)	(529		)	(4,429		)	5,251			239			532
Ending balance	$	(275	)	$	8,279		$	(130,269	)	$	(15	)	$	(122,280	)