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ACCUMULATED OTHER COMPREHENSIVE LOSS
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS
ACCUMULATED OTHER COMPREHENSIVE LOSS
The changes in accumulated other comprehensive loss by component and related tax effects for the years ended December 31, 2016, 2015 and 2014 were as follows (in thousands):    
 
Foreign Currency Translation Adjustments
 
Unrealized Gains (Losses) on Available-for-Sale Securities
 
Unfunded Pension Liability
 
Total
Balance at January 1, 2014
$
(20,164
)
 
$
1,904

 
$
(1,296
)
 
$
(19,556
)
Other comprehensive (loss) income before reclassifications
(88,725
)
 
1,159

 
(905
)
 
(88,471
)
Amounts reclassified out of accumulated other comprehensive loss

 
(3,388
)
 

 
(3,388
)
Tax effects

 
325

 
248

 
573

Other comprehensive loss
(88,725
)
 
(1,904
)
 
(657
)
 
(91,286
)
Balance at December 31, 2014
$
(108,889
)
 
$

 
$
(1,953
)
 
$
(110,842
)
Other comprehensive loss before reclassifications
(144,050
)
 

 
(7
)
 
(144,057
)
Amounts reclassified out of accumulated other comprehensive loss

 

 

 

Tax effects

 

 
7

 
7

Other comprehensive loss
(144,050
)
 

 

 
(144,050
)
Balance at December 31, 2015
$
(252,939
)
 
$

 
$
(1,953
)
 
$
(254,892
)
Other comprehensive income (loss) before reclassifications
23,967

 
(535
)
 
216

 
23,648

Amounts reclassified out of accumulated other comprehensive loss

 

 

 

Tax effects
16,761

 
214

 
(57
)
 
16,918

Other comprehensive income (loss)
40,728

 
(321
)
 
159

 
40,566

Balance at December 31, 2016
$
(212,211
)
 
$
(321
)
 
$
(1,794
)
 
$
(214,326
)

During the year ended December 31, 2016, the Company converted an intercompany loan with a subsidiary to equity, which resulted in a loss for tax purposes. The loan had been historically treated as a component of the Company’s investment in that subsidiary, and as a result, foreign currency gains and losses on the loan had been accumulated as a component of other comprehensive income. The subsidiary continues to operate as part of the Company. The current tax benefit of $16.8 million, which was triggered by the conversion, was therefore allocated to other comprehensive income (loss) rather than net (loss) income.

(15) ACCUMULATED OTHER COMPREHENSIVE LOSS (Continued)
There were no reclassifications out of accumulated other comprehensive loss during the years ended December 31, 2016 and 2015. The amounts reclassified out of accumulated other comprehensive loss into the consolidated statement of operations, with presentation location, during the year ended December 31, 2014 were as follows (in thousands):
Comprehensive Loss Components
 
December 31, 2014
 
Location
Unrealized holding gains on available-for-sale investments
 
$
3,388

 
Other income (expense), net