Accumulated Other Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2020

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of accumulated other comprehensive income

The changes in AOCI, net of tax, consisted of the following:

	For the Three Months Ended March 31, 2020
				Unrealized (Loss) Gain on Cash Flow Hedges, Net of Tax			Unrealized Gain on Net Investment Hedges, Net of Tax
(in thousands)	Unrealized Gain (Loss) on Investments, Net of Tax			Foreign Currency Exchange Contracts			Euro-Denominated Notes		Cross Currency Swaps		Cumulative Translation Adjustment			Total
Balance as of December 31, 2019	$	110		$	(736	)	$	1,396	$	3,467	$	(50,419	)	$	(46,182	)
Other comprehensive (loss) income before reclassifications	(279		)	9,426			1,047		4,049		(22,206		)	(7,963		)
Gain reclassified from accumulated other comprehensive income	—			(1,101		)	—		—		—			(1,101		)
Balance as of March 31, 2020	$	(169	)	$	7,589		$	2,443	$	7,516	$	(72,625	)	$	(55,246	)

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	For the Three Months Ended March 31, 2019
				Unrealized Gain (Loss) on Cash Flow Hedges, Net of Tax			Unrealized (Loss) Gain on Net Investment Hedges, Net of Tax
(in thousands)	Unrealized (Loss) Gain on Investments, Net of Tax			Foreign Currency Exchange Contracts			Euro-Denominated Notes			Cross Currency Swaps		Cumulative Translation Adjustment			Total
Balance as of December 31, 2018	$	(157	)	$	6,229		$	(394	)	$	1,360	$	(48,829	)	$	(41,791	)
Other comprehensive income (loss) before reclassifications	407			1,043			1,480			1,431		(1,423		)	2,938
Gain reclassified from accumulated other comprehensive income	—			(1,162		)	—			—		—			(1,162		)
Balance as of March 31, 2019	$	250		$	6,110		$	1,086		$	2,791	$	(50,252	)	$	(40,015	)

Summary of reclassifications out of other comprehensive income

The following tables present components and amounts reclassified out of AOCI to net income:

(in thousands)	Affected Line Item in the Statements of Income	Amounts Reclassified from AOCI For the Three Months Ended March 31,
		2020		2019
Gain on derivative instruments classified as cash flow hedges included in net income:
Foreign currency exchange contracts	Cost of revenue	$	1,341	$	1,411
	Tax expense	240		249
	Gain, net of tax	$	1,101	$	1,162