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Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Accumulated Other Comprehensive Loss

16. Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss consists of the following as of June 30, 2018 and December 31, 2017, respectively (in thousands):

 

     June 30,
2018
     December 31,
2017
 

Foreign currency translation adjustments

   $ (18,780    $ (38,413

Derivative adjustments

     (1,279      5,299  
  

 

 

    

 

 

 

Total

   $ (20,059    $ (33,114
  

 

 

    

 

 

 

Changes in accumulated other comprehensive loss for the three months ended June 30, 2018 and 2017 are as follows (in thousands):

 

Three Months Ended June 30, 2018

   Foreign
currency
translation
adjustments
     Derivative
adjustments
     Total  

Beginning balance

   $ (38,896    $ 2,626      $ (36,270
  

 

 

    

 

 

    

 

 

 

Other comprehensive income (loss) before reclassifications

     20,116        (1,870      18,246  

Amounts reclassified from accumulated other comprehensive income

     —          (2,035      (2,035
  

 

 

    

 

 

    

 

 

 

Net current-period other comprehensive income (loss)

     20,116        (3,905      16,211  
  

 

 

    

 

 

    

 

 

 

Ending balance

   $ (18,780    $ (1,279    $ (20,059
  

 

 

    

 

 

    

 

 

 

Three Months Ended June 30, 2017

   Foreign
currency
translation
adjustments
     Derivative
adjustments
     Total  

Beginning balance

   $ (20,864    $ 1,570      $ (19,294
  

 

 

    

 

 

    

 

 

 

Other comprehensive income (loss) before reclassifications

     9,362        (1,594      7,768  

Amounts reclassified from accumulated other comprehensive income

     —          (808      (808
  

 

 

    

 

 

    

 

 

 

Net current-period other comprehensive income (loss)

     9,362        (2,402      6,960  
  

 

 

    

 

 

    

 

 

 

Ending balance

   $ (11,502    $ (832    $ (12,334
  

 

 

    

 

 

    

 

 

 

Changes in accumulated other comprehensive loss for the six months ended June 30, 2018 and 2017 are as follows (in thousands):

 

Six Months Ended June 30, 2018

   Foreign
currency
translation
adjustments
     Derivative
adjustments
     Total  

Beginning balance

   $ (38,413    $ 5,299      $ (33,114
  

 

 

    

 

 

    

 

 

 

Other comprehensive income (loss) before reclassifications

     19,633        (1,937      17,696  

Amounts reclassified from accumulated other comprehensive income

     —          (4,641      (4,641
  

 

 

    

 

 

    

 

 

 

Net current-period other comprehensive income (loss)

     19,633        (6,578      13,055  
  

 

 

    

 

 

    

 

 

 

Ending balance

   $ (18,780    $ (1,279    $ (20,059
  

 

 

    

 

 

    

 

 

 

Six Months Ended June 30, 2017

   Foreign
currency
translation
adjustments
     Derivative
adjustments
     Total  

Beginning balance

   $ 14,460      $ (436    $ 14,024  
  

 

 

    

 

 

    

 

 

 

Other comprehensive income (loss) before reclassifications

     (25,962      909        (25,053

Amounts reclassified from accumulated other comprehensive income

     —          (1,305      (1,305
  

 

 

    

 

 

    

 

 

 

Net current-period other comprehensive loss

     (25,962      (396      (26,358
  

 

 

    

 

 

    

 

 

 

Ending balance

   $ (11,502    $ (832    $ (12,334
  

 

 

    

 

 

    

 

 

 

 

There was no income tax impact related to changes in accumulated other comprehensive loss for the six months ended June 30, 2018 and 2017 due to net operating loss carry-forwards available to offset taxable income and full allowance for deferred tax assets.