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Accumulated Other Comprehensive Loss
 12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss consists of cumulative unrealized foreign currency translation adjustments and unrealized changes in fair value on certain derivative instruments. For the year ended December 31, 2019, $0.2 million was reclassified from retained earnings to other comprehensive loss as a result of the adoption of ASU No. 2017-12, Targeted Improvements to Accounting for Hedging Activities related to the cumulative ineffective portion of the net investment hedge. For the year ended December 31, 2018, $0.2 million was reclassified to retained earnings as a result of income tax effects of the Tax Act, which reduced the corporate federal tax rate from 35.0% to 21.0%.

The components of accumulated other comprehensive income (loss) for the year ended December 31, 2019, were as follows (in thousands):
 
Cumulative unrealized foreign currency translation (losses) and gains
 
Unrealized gain (loss) on derivative, net of tax
 
Total
Balance at December 31, 2018
$
(3,085
)
 
$
2,904

 
$
(181
)
Other comprehensive income (loss)
3,933


(6,216
)
 
(2,283
)
Balance at December 31, 2019
$
848

 
$
(3,312
)
 
$
(2,464
)