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Other Comprehensive Income and Accumulated Other Comprehensive Loss (Tables)
3 Months Ended
Mar. 31, 2018
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]  
Components of Other Comprehensive Income and Components of Accumulated Other Comprehensive Loss

The Company has adjusted the balance at December 31, 2017 of accumulated other comprehensive loss for the stranded tax effects caused by the enactment of the Tax Act. Other comprehensive income (loss) included foreign currency translation adjustments arising from the conversion of financial statements of foreign subsidiaries into U.S. dollars, the amortization of the gain on the sale of an interest rate hedge agreement, and the change in the fair value of a current interest rate hedge agreement. Components of accumulated other comprehensive loss as of March 31, 2018 and December 31, 2017 are as follows:

 

 

Three Months Ended March 31, 2018

 

 

Foreign Currency Translation Adjustments

 

 

Gain on Sale of Interest Rate Hedge Agreement (1)

 

 

Change in Fair Value of Interest Rate Hedge Agreement (2)

 

 

Total

 

Balance at December 31, 2017

$

(7,638

)

 

$

2,158

 

 

$

441

 

 

$

(5,039

)

Reclassification of stranded tax effects due to adoption of accounting principle

 

(1,307

)

 

 

478

 

 

 

 

 

 

(829

)

Adjusted beginning balance

 

(8,945

)

 

 

2,636

 

 

 

441

 

 

 

(5,868

)

Net current period other comprehensive income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income (loss) before reclassifications (3)

 

1,237

 

 

 

 

 

 

445

 

 

 

1,682

 

Amounts reclassified from accumulated other comprehensive income (3)

 

 

 

 

(73

)

 

 

 

 

 

(73

)

Total current period other comprehensive income (loss)

 

1,237

 

 

 

(73

)

 

 

445

 

 

 

1,609

 

Balance at March 31, 2018

$

(7,708

)

 

$

2,563

 

 

$

886

 

 

$

(4,259

)

 

 

Three Months Ended March 31, 2017

 

 

Foreign Currency Translation Adjustments

 

 

Gain on Sale of Interest Rate Hedge Agreement (1)

 

 

Change in Fair Value of Interest Rate Hedge Agreement (2)

 

 

Total

 

Balance at December 31, 2016

$

(11,815

)

 

$

2,175

 

 

$

 

 

$

(9,640

)

Net current period other comprehensive income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income (loss) before reclassifications (3)

 

372

 

 

 

 

 

 

 

 

 

372

 

Balance at March 31, 2017

$

(11,443

)

 

$

2,175

 

 

$

 

 

$

(9,268

)