Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2017

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income

Note 11.    ACCUMULATED OTHER Comprehensive Income  

The changes in accumulated other comprehensive income (“AOCI”), net of tax, for the three months ended March 31, 2017 consisted of the following (in thousands): 

For the Three Months Ended March 31, 2017		Unrealized  Gain (Loss) on Investments, Net of Tax		Unrealized Gain (Loss) on Derivative Instruments, Net of Tax		Unrealized Gain (Loss) on Net Investment Hedge, Net of Tax		Cumulative Translation Adjustment		Total
Balance as of December 31, 2016	$	20	$	4,916	$	4,036	$	(52,025)	$	(43,053)
Other comprehensive (loss) income before reclassifications		(39)		(1,534)		(1,093)		8,014		5,348
Gains reclassified from accumulated other comprehensive income		-		(674)		-		-		(674)
Balance as of March 31, 2017	$	(19)	$	2,708	$	2,943	$	(44,011)	$	(38,379)

The following is a summary of reclassifications out of AOCI for the three months ended March 31, 2017 and 2016(in thousands):

Details about AOCI Components	Affected Line Item in the Statement of Operations		Amounts Reclassified from AOCI For the Three Months Ended March 31,
			2017		2016
Gains (losses) on derivative instruments classified as cash flow hedges included in net income:
Foreign currency exchange contracts	Cost of revenue	$	1,075	$	809
Interest rate swaps	Interest expense		-		(210)
	Total gains before tax		1,075		599
	Tax expense		401		170
	Gains, net of tax	$	674	$	429