Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2020

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 income 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.

The components of accumulated other comprehensive loss for the three months ended March 31, 2020, are as follows (in thousands):

	Foreign Currency Translation Gains (Losses)		Unrealized Loss on Derivatives, Net of Taxes		Total
Balance at December 31, 2019	$	848	$	(3,312)	$	(2,464)
Other comprehensive loss	(7,043)		(499)		(7,542)
Balance at March 31, 2020	$	(6,195)	$	(3,811)	$	(10,006)