Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2018

Note 12. ACCUMULATED OTHER Comprehensive Income

The changes in AOCI, net of tax, for the three months ended March 31, 2018 consisted of the following (in thousands):


For the Three Months Ended March 31, 2018		Unrealized (Loss) Gain on Investments, Net of Tax		Unrealized (Loss) Gain on Derivative Instruments, Net of Tax		Unrealized (Loss) on Net Investment Hedge, Net of Tax		Cumulative Translation Adjustment		Total

Balance as of December 31, 2017	$	(22)	$	(5,219)	$	(4,311)	$	(26,918)	$	(36,470)
Other comprehensive income (loss) before reclassifications		118		(2,388)		(2,216)		5,165		679
Gains reclassified from accumulated other comprehensive income		-		1,585		-		-		1,585
Balance as of March 31, 2018	$	96	$	(6,022)	$	(6,527)	$	(21,753)	$	(34,206)

The following is a summary of reclassifications out of AOCI for the three months ended March 31, 2018 and 2017 (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,
			2018		2017
(Losses) gains on derivative instruments classified as cash flow hedges included in net income:
Foreign currency exchange contracts	Cost of revenue	$	(1,835)	$	1,075
	Tax (benefits) expense		(250)		401
	(Losses) gains, net of tax	$	(1,585)	$	674