XML 59 R11.htm IDEA: XBRL DOCUMENT v3.3.0.814
Other Comprehensive Income (Loss) and Related Tax Effects
 9 Months Ended
Sep. 30, 2015
Other Comprehensive Income (Loss) and Related Tax Effects  
Other Comprehensive Income (Loss) and Related Tax Effects

 

Note 5.Other Comprehensive Income (Loss) and Related Tax Effects

 

We have not recognized any tax effects on foreign currency translation adjustments because they are not expected to result in future taxable income or deductions.  We have not recognized any tax effects on unrealized gains or losses on available-for-sale securities because such gains or losses would affect the amount of existing capital loss carryforwards for which the related deferred tax asset has been fully offset by a valuation allowance.

 

Accumulated other comprehensive loss includes cumulative foreign currency translation losses of $117.6 million and $63.8 million as of September 30, 2015 and December 31, 2014, respectively.

 

Reclassifications out of accumulated other comprehensive loss for the three and nine months ended September 30, 2015 and 2014 were as follows:

 

 

 

Affected Line Item in our

 

For the Three Months

 

For the Nine Months

 

 

 

Condensed Consolidated

 

Ended September 30,

 

Ended September 30,

 

Accumulated Other Comprehensive Loss Components

 

Statement of Operations

 

2015

 

2014

 

2015

 

2014

 

 

 

 

 

(In thousands)

 

Recognition of realized (gains) losses on available-for-sale securities in net income (1)

 

Gains (losses) on marketable investment securities, net

 

$
(9

)

$
27

 

$
(29

)

$
(7

)

Recognition of other-than-temporary impairment loss on available-for-sale securities in net income (2)

 

Other-than-temporary impairment loss on available-for sale securities

 
1,243

 

—

 
5,892

 

—

 

Recognition of foreign currency translation losses in net income (3)

 

Other, net

 

—

 

—

 
1,889

 

—

 

 

 

 

 

 

 

 

 

 

 

 

 

Total reclassifications, net of tax and noncontrolling interests

 

 

 

$
1,234

 

$
27

 

$
7,752

 

$
(7

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

When available-for-sale securities are sold, the related unrealized gains and losses that were previously recognized in other comprehensive income (loss) are reclassified and recognized as realized gains (losses) on available-for-sale securities on the condensed consolidated statement of operations and comprehensive income (loss).

(2)

In June 2015 and September 2015, we recorded other-than-temporary impairment losses on shares of certain common stock included in our strategic equity securities.  See Note 6 for further discussion.

(3)

As a result of the deconsolidation of several of our European subsidiaries in connection with our investment in SmarDTV SA in May 2015, the related cumulative translation adjustments that were previously recognized in other comprehensive income (loss) were reclassified and recognized as a loss within “Other income (expense)” in our condensed consolidated statement of operations and comprehensive income (loss).  See Note 6 for further discussion.