Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)Accumulated other comprehensive income (loss), which is included as a component of stockholders’ equity, is comprised of foreign currency translation adjustments and unrealized gains (losses) on cash flow hedges and investments, net of tax.

The changes in accumulated other comprehensive income (loss) by component were as follows (in thousands):

	Nine months ended September 30, 2020
	Foreign currency translation adjustments		Unrealized gain (loss) on cash flow hedges		Unrealized gain (loss) on investments		Total
Balance at January 1, 2020	$	(47,835)	$	(2,566)	$	70	$	(50,331)
Other comprehensive income (loss) before reclassifications, net of tax	(13,319)		(5,509)		27		(18,801)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	—		2,272		—		2,272
Net other comprehensive income (loss)	(13,319)		(3,237)		27		(16,529)
Balance at September 30, 2020	$	(61,154)	$	(5,803)	$	97	$	(66,860)

	Nine months ended September 30, 2019
	Foreign currency translation adjustments		Unrealized gain (loss) on cash flow hedges		Unrealized gain (loss) on investments		Total
Balance at January 1, 2019	$	(67,648)	$	5,293	$	—	$	(62,355)
Other comprehensive income (loss) before reclassifications, net of tax	(23,975)		(6,878)		77		(30,776)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	—		(1,406)				(1,406)
Net other comprehensive income (loss)	(23,975)		(8,284)		77		(32,182)
Balance at September 30, 2019	$	(91,623)	$	(2,991)	$	77	$	(94,537)