Accumulated Other Comprehensive Income

9 Months Ended

Sep. 30, 2014

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income

Note 12.    ACCUMULATED OTHER Comprehensive Income  

The changes in accumulated other comprehensive income (“AOCI”), net of tax, for the nine months ended September 30, 2014 consisted of the following (in thousands):

For the Nine Months Ended September 30, 2014		Unrealized Gain on Investments, Net of Tax		Unrealized (Loss) Gain on Derivative Instruments, Net of Tax		Cumulative Translation Adjustment		Total
Balance as of December 31, 2013	$	108	$	(179)	$	13,693	$	13,622
Other comprehensive (loss) income before reclassifications		(32)		4,027		(15,524)		(11,529)
Gains reclassified from accumulated other comprehensive income		-		(103)		-		(103)
Balance as of September 30, 2014	$	76	$	3,745	$	(1,831)	$	1,990

The following is a summary of reclassifications out of AOCI for the three and nine months ended September 30, 2014 and 2013 (in thousands):

Details about AOCI Components	Affected Line Item in the Statement Where Net Income is Presented		Amounts Reclassified from AOCI For the Three Months Ended September 30,
			2014		2013
Gains (losses) on derivative instruments classified as cash flow hedges included in net income:
Foreign currency exchange contracts	Cost of revenue	$	540	$	1,294
Interest rate swaps	Interest expense		(268)		(131)
	Total gains before tax		272		1,163
	Tax expense		67		329
	Gains, net of tax	$	205	$	834
Details about AOCI Components	Affected Line Item in the Statement Where Net Income is Presented		Amounts Reclassified from AOCI For the Nine Months Ended September 30,
			2014		2013
Gains (losses) on derivative instruments classified as cash flow hedges included in net income:
Foreign currency exchange contracts	Cost of revenue	$	874	$	2,659
Interest rate swaps	Interest expense		(795)		(632)
	Total gains before tax		79		2,027
	Tax (benefit) expense		(24)		542
	Gains, net of tax	$	103	$	1,485