Treasury (Tables)

3 Months Ended

Mar. 31, 2019

Equity [Abstract]

Summary of Effects of Interest Rate Swap Agreements and Foreign Currency Foreign Exchange Contracts on Result of Operations

The following table presents the effects of our interest rate swap agreements and our foreign currency foreign exchange contracts on our results of operations for the three month periods ended March 31, 2019 and 2018 (in thousands):

	Gain/(Loss) recognized in AOCI
	March 31,			March 31,
	2019			2018
Cash Flow Hedge relationships
Interest rate swap agreements (a)	$	(2,917	)	$	2,124
Net Investment Hedge relationships
Foreign currency foreign exchange contracts (b)	$	5,221		$	(45,853	)

(a) The amount of gain reclassified out of AOCI into Interest expense, net was $2.9 million and $709,000 during the three month periods ended March 31, 2019 and 2018, respectively.

(b) The amount reclassified out of AOCI into Other (income) expense, net includes the net effect of a $3.8 million gain offset by a $3.8 million loss recorded on repatriation of cash related to our net investment in the U.K. for the three month period ended March 31, 2019.  There were no amounts reclassified out of AOCI for the three month period ended March 31, 2018.

Summary of Cash, Cash Equivalents and Restricted Cash Reported In Condensed Consolidated Statements of Cash Flows

Cash, cash equivalents, and restricted cash as reported in the condensed consolidated statements of cash flows are presented separately on our condensed consolidated balance sheets as follow (in thousands):

	March 31,		December 31,
	2019		2018
Cash and cash equivalents	$	62,726	$	105,220
Restricted cash and cash equivalents (a)		94,850		94,465
Total cash, cash equivalents and restricted cash	$	157,576	$	199,685
(a) Restricted cash and cash equivalents is included in other assets on the accompanying consolidated balance sheet.