Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2020

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

Accumulated Other Comprehensive Income (Loss)

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


Details about accumulated other comprehensive (income) loss components	Three months ended September 30,				Nine months ended September 30,				Affected line items in the statement where net income is presented
	2020		2019		2020		2019
	(in thousands)
Derivative instruments under ASC 815
Foreign currency derivative gains, net	$	—	$	(1,095)	$	(3,075)	$	(4,431)	Passenger revenue
Foreign currency derivative losses (gains)	418		—		(4,363)		—		Nonoperating Income (Expense), Other, net
Total before tax	418		(1,095)		(7,438)		(4,431)
Tax expense (benefit)	(103)		271		1,840		1,025
Total, net of tax	$	315	$	(824)	$	(5,598)	$	(3,406)
Amortization of defined benefit plan items
Actuarial loss	$	1,046	$	768	$	2,890	$	2,430	Nonoperating Income (Expense), Other, net
Prior service cost	414		56		526		168		Nonoperating Income (Expense), Other, net
Special termination benefits	5,258		—		5,258		—		Other nonoperating special items
Curtailment loss	1,753		—		1,753		—		Other nonoperating special items
Total before tax	8,471		824		10,427		2,598
Tax benefit	(1,904)		(38)		(2,388)		(424)
Total, net of tax	$	6,567	$	786	$	8,039	$	2,174
Short-term investments
Realized losses (gain) on sales of investments, net	$	(283)	$	(97)	$	(654)	$	(126)	Nonoperating Income (Expense), Other, net
Total before tax	(283)		(97)		(654)		(126)
Tax expense (benefit)	67		24		159		31
Total, net of tax	$	(216)	$	(73)	$	(495)	$	(95)
Total reclassifications for the period	$	6,666	$	(111)	$	1,946	$	(1,327)

A roll-forward of the amounts included in accumulated other comprehensive income (loss), net of taxes, for the three and nine months ended September 30, 2020 and 2019 is as follows:


Three months ended September 30, 2020	Foreign Currency Derivatives		Defined Benefit Plan Items		Short-Term Investments		Total
	(in thousands)
Beginning balance	$	1,266	$	(106,694)	$	2,258	$	(103,170)
Other comprehensive loss before reclassifications, net of tax	(1,581)		(17,851)		(363)		(19,795)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	315		6,567		(216)		6,666
Net current-period other comprehensive loss	(1,266)		(11,284)		(579)		(13,129)
Ending balance	$	—	$	(117,978)	$	1,679	$	(116,299)


Three months ended September 30, 2019	Foreign Currency Derivatives		Defined Benefit Plan Items		Short-Term Investments		Total
	(in thousands)
Beginning balance	$	816	$	(94,610)	$	707	$	(93,087)
Other comprehensive income before reclassifications, net of tax	2,920		—		165		3,085
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	(824)		786		(73)		(111)
Net current-period other comprehensive income	2,096		786		92		2,974
Ending balance	$	2,912	$	(93,824)	$	799	$	(90,113)


Nine months ended September 30, 2020	Foreign Currency Derivatives		Defined Benefit Plan Items		Short-Term Investments		Total
	(in thousands)
Beginning balance	$	3,341	$	(108,028)	$	804	$	(103,883)
Other comprehensive income (loss) before reclassifications, net of tax	2,257		(17,989)		1,370		(14,362)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	(5,598)		8,039		(495)		1,946
Net current-period other comprehensive income (loss)	(3,341)		(9,950)		875		(12,416)
Ending balance	$	—	$	(117,978)	$	1,679	$	(116,299)


Nine months ended September 30, 2019	Foreign Currency Derivatives		Defined Benefit Plan Items		Short-Term Investments		Total
	(in thousands)
Beginning balance	$	3,317	$	(95,855)	$	(602)	$	(93,140)
Other comprehensive income (loss) before reclassifications, net of tax	3,001		(143)		1,496		4,354
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	(3,406)		2,174		(95)		(1,327)
Net current-period other comprehensive income (loss)	(405)		2,031		1,401		3,027
Ending balance	$	2,912	$	(93,824)	$	799	$	(90,113)