Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2016

Other Comprehensive Income (Loss) [Abstract]

Other Comprehensive Income (Loss)

12.OTHER COMPREHENSIVE INCOME (LOSS)

Other comprehensive income (loss) includes changes in the fair value of interest rate swaps and fuel hedges that qualify for hedge accounting.  The components of other comprehensive income (loss) and related tax effects for the years ended December 31, 2016, 2015 and 2014, are as follows: 

	Year Ended December 31, 2016
	Gross		Tax effect		Net of tax
Interest rate swap amounts reclassified into interest expense	$	6,654	$	(1,715)	$	4,939
Fuel hedge amounts reclassified into cost of operations		5,832		(2,225)		3,607
Changes in fair value of interest rate swaps		11,431		(2,239)		9,192
Changes in fair value of fuel hedges		3,804		(1,441)		2,363
Foreign currency translation adjustment		(50,931)		-		(50,931)
	$	(23,210)	$	(7,620)	$	(30,830)
	Year Ended December 31, 2015
	Gross		Tax effect		Net of tax
Interest rate swap amounts reclassified into interest expense	$	5,093	$	(1,938)	$	3,155
Fuel hedge amounts reclassified into cost of operations		3,217		(1,224)		1,993
Changes in fair value of interest rate swaps		(7,746)		2,926		(4,820)
Changes in fair value of fuel hedges		(11,138)		4,232		(6,906)
	$	(10,574)	$	3,996	$	(6,578)
	Year Ended December 31, 2014
	Gross		Tax effect		Net of tax
Interest rate swap amounts reclassified into interest expense	$	4,581	$	(1,757)	$	2,824
Fuel hedge amounts reclassified into cost of operations		(823)		316		(507)
Changes in fair value of interest rate swaps		(6,448)		2,478		(3,970)
Changes in fair value of fuel hedges		(3,355)		1,284		(2,071)
	$	(6,045)	$	2,321	$	(3,724)

A rollforward of the amounts included in AOCL, net of taxes, is as follows:

	Fuel Hedges		Interest Rate Swaps			Foreign Currency Translation Adjustment	Accumulated Other Comprehensive Loss
Balance at December 31, 2014	$	(1,221)	$	(4,372)	$	-	$	(5,593)
Amounts reclassified into earnings		1,993		3,155		-		5,148
Changes in fair value		(6,906)		(4,820)		-		(11,726)
Balance at December 31, 2015		(6,134)		(6,037)		-		(12,171)
Amounts reclassified into earnings		3,607		4,939		-		8,546
Changes in fair value		2,363		9,192		-		11,555
Foreign currency translation adjustment		-		-		(50,931)		(50,931)
Balance at December 31, 2016	$	(164)	$	8,094	$	(50,931)	$	(43,001)