Accumulated Other Comprehensive Income

OCI consists of two components: unrealized gains or losses on our AFS marketable investment securities and the gain or loss from foreign currency translation adjustments. Until realized and reported as a component of net income, these comprehensive income items accumulate and are included within AOCI, a subsection within stockholders’ equity in our consolidated balance sheets. Unrealized gains and losses on our investment securities are reclassified from AOCI into earnings when realized upon sale, and are determined based on specific identification of securities sold. Gains and losses from the translation of assets and liabilities denominated in non-U.S. dollar functional currencies are included in AOCI.

The following table summarizes the changes in the accumulated balances during the period, and includes information regarding the manner in which the reclassifications out of AOCI into earnings affect our consolidated statements of operations (in thousands):



	Fiscal Year Ended September 29, 2017									Fiscal Year Ended September 30, 2016
	Investment Securities			Currency Translation Adjustments			Total			Investment Securities			Currency Translation Adjustments			Total
Beginning Balance	$	742		$	(10,939	)	$	(10,197	)	$	350		$	(11,812	)	$	(11,462	)
Other comprehensive income before reclassifications:
Unrealized gains/(losses) - investment securities	(1,062		)				(1,062		)	(220		)				(220		)
Foreign currency translation gains/(losses) (1)				4,184			4,184						287			287
Income tax effect - benefit/(expense)	12			(621		)	(609		)	188			586			774
Net of tax	(1,050		)	3,563			2,513			(32		)	873			841
Amounts reclassified from AOCI into earnings:
Realized gains/(losses) - investment securities (1)	(95		)				(95		)	563						563
Income tax effect - benefit/(expense) (2)	26						26			(139		)				(139		)
Net of tax	(69		)	—			(69		)	424			—			424
Net current-period other comprehensive income/(loss)	(1,119		)	3,563			2,444			392			873			1,265
Ending Balance	$	(377	)	$	(7,376	)	$	(7,753	)	$	742		$	(10,939	)	$	(10,197	)


(1)	Realized gains or losses, if any, from the sale of our AFS investment securities or from foreign currency translation adjustments are included within other income/expense, net in our consolidated statements of operations.


(2)	The income tax benefit or expense is included within provision for income taxes in our consolidated statements of operations.