XML 17 R9.htm IDEA: XBRL DOCUMENT v2.4.0.8
Accumulated Other Comprehensive Income
 3 Months Ended
Sep. 30, 2014
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Comprehensive Income
COMPREHENSIVE INCOME (LOSS)
The following table reflects the activity for the components of accumulated other comprehensive income (loss), net of tax, for the three months ended September 30, 2014:
(in thousands)
 
Foreign Currency
 
Unrealized Gain/Loss on Derivatives
 
Total
Balance as of June 30, 2014
 
$
(2,088
)
 
$
4,178

 
$
2,090

Other comprehensive income before reclassifications
 
(38,183
)
 
(6,127
)
 
(44,310
)
Gain reclassified from accumulated other comprehensive income
 
—

 
(1,145
)
 
(1,145
)
Net current-period other comprehensive loss
 
$
(38,183
)
 
$
(7,272
)
 
$
(45,455
)
Balance at September 30, 2014
 
$
(40,271
)

$
(3,094
)
 
$
(43,365
)

The details regarding pre-tax gain (loss) on derivative instruments reclassified to net income from accumulated other comprehensive income (loss) for the three months ended September 30, 2014 and 2013 are presented below:
 
 
Three Months Ended
 
Affected Line in the Consolidated Statements of Income
(in thousands)
 
September 30, 2014
 
September 30, 2013
 
Interest rate contracts
 
$
413

 
$
429

 
Interest expense, net
Foreign exchange contracts
 
43

 
—

 
Service Revenue
Foreign exchange contracts
 
1,285

 
1,335

 
Direct Costs
Cross-currency swap contracts
 
83

 
114

 
Miscellaneous income (expense), net
Total
 
$
1,824

 
$
1,878

 
 

The amounts of gain (loss) reclassified from accumulated other comprehensive income into net income are net of taxes of $0.7 million and $0.7 million for the three months ended September 30, 2014 and 2013, respectively.