Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2019

Statement of Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive income (loss), net of tax, consist of the following (in thousands):

	December 31,
	2019		2018
Foreign currency translation adjustment	$	20,884	$	344
Net unrealized gain (loss) on investments, net of tax	4,371		(4,379		)
Accumulated other comprehensive income (loss)	$	25,255	$	(4,035	)

Reclassification adjustments out of accumulated other comprehensive income (loss) into net income (loss) were immaterial for all periods presented.