The components of other comprehensive (loss) income (OCI) the three months ended July 4, 2015 and June 28, 2014 are as follows (in thousands):


2015	As of April 4, 2015			Balance recognized in OCI			Balance reclassified from AOCI to income			Three Months ended July 4, 2015			As of July 4, 2015
Unrealized gains (losses) on anticipated sales hedging transactions:
Gross	$	8,770		$	(969	)	$	(4,833	)(1)	$	(5,802	)	$	2,968
Income tax (benefit)		1,754			(165	)		(995	)		(1,160	)		594

Net		7,016			(804	)		(3,838	)		(4,642	)		2,374

Unrealized (losses) gains on forward interest rate swaps hedging transactions:
Gross		(23,803	)		5,115			0	(2)		5,115			(18,688	)
Income tax (benefit)		(9,053	)		1,951			0			1,951			(7,102	)

Net		(14,750	)		3,164			0			3,164			(11,586	)

Unrealized gains (losses) on investments:
Gross		77			0			0	(3)		0			77
Income tax (benefit)		(254	)		0			0			0			(254	)

Net		331			0			0			0			331

Foreign currency translation adjustment (5)		(8,233	)		576			(9,108	)(4)		(8,532	)		(16,765	)

Total accumulated other comprehensive (loss) gain	$	(15,636	)	$	2,936		$	(12,946	)	$	(10,010	)	$	(25,646	)


2014	As of March 29, 2014			Balance recognized in OCI			Balance reclassified from AOCI to income			Three Months ended June 28, 2014			As of June 28, 2014
Unrealized (losses) gains on anticipated sales hedging transactions:
Gross	$	(1,593	)	$	182		$	817	(1)	$	999		$	(594	)
Income tax (benefit)		(342	)		48			175			223			(119	)

Net		(1,251	)		134			642			776			(475	)

Unrealized gains (losses) on investments:
Gross		51			468			7	(3)		475			526
Income tax (benefit)		(19	)		122			5			127			108

Net		70			346			2			348			418

Foreign currency translation adjustment (5)		(8,006	)		(29	)		0	(4)		(29	)		(8,035	)

Total accumulated other comprehensive (loss) gain	$	(9,187	)	$	451		$	644		$	1,095		$	(8,092	)

(1)	Transfers of unrealized gains and (losses) from AOCI to income on anticipated sales hedging transactions are included in net sales of tangible products.

(2)	Transfers from AOCI to income and (losses) on forward interest rate swaps hedging transactions are reported in forward swaps gain.

(3)	Transfers of unrealized gains and (losses) from AOCI to income on investments are included in investment income.

(4)	Transfers of foreign currency translation gains and (losses) from AOCI to income, are included in foreign exchange income (loss).

(5)

Unrealized foreign currency translation adjustments related to translation of foreign denominated balance sheets are not presented net of tax given that no deferred U.S. income taxes have been provided on the undistributed earnings of non-U.S. subsidiaries because they are deemed to be permanently reinvested.

The components of other comprehensive income (loss) for the six months ended July 4, 2015 and June 28, 2014 are as follows (in thousands):


2015	As of December 31, 2014			Balance recognized in OCI			Balance reclassified from AOCI to income			Six Months ended July 4, 2015			As of July 4, 2015
Unrealized gain (losses) on anticipated sales hedging transactions:
Gross	$	6,658		$	7,577		$	(11,268	)(1)	$	(3,691	)	$	2,968
Income tax (benefit)		1,332			1,543			(2,282	)		(739	)		594

Net		5,326			6,034			(8,986	)		(2,952	)		2,374

Unrealized (losses) gains on forward interest rate swaps hedging transactions:
Gross		(12,069	)		(6,619	)		0	(2)		(6,619	)		(18,688	)
Income tax (benefit)		(4,370	)		(2,732	)		0			(2,732	)		(7,102	)

Net		(7,699	)		(3,887	)		0			(3,887	)		(11,586	)

Unrealized gains (losses) on investments:
Gross		102			0			(25	)(3)		(25	)		77
Income tax (benefit)		(245	)		0			(9	)		(9	)		(254	)

Net		347			0			(16	)		(16	)		331

Foreign currency translation adjustment (5)		(6,521	)		4,164			(14,408	)(4)		(10,244	)		(16,765	)

Total accumulated other comprehensive (loss) gain	$	(8,547	)	$	6,311		$	(23,410	)	$	(17,099	)	$	(25,646	)


2014	As of December 31, 2013			Balance recognized in OCI			Balance reclassified from AOCI to income			Six months ended June 28, 2014			As of June 28, 2014
Unrealized (losses) gains on hedging transactions:
Gross	$	(2,373	)	$	(30	)	$	1,809	(1)	$	1,779		$	(594	)
Income tax (benefit)		(509	)		1			389			390			(119	)

Net		(1,864	)		(31	)		1,420			1,389			(475	)

Unrealized (losses) gains on investments:
Gross		(151	)		751			(74	)(3)		677			526
Income tax (benefit)		(73	)		201			(20	)		181			108

Net		(78	)		550			(54	)		496			418

Foreign currency translation adjustments (5)		(7,839	)		(203	)		7	(4)		(196	)		(8,035	)

Total accumulated other comprehensive (loss) gain	$	(9,781	)	$	316		$	1,373		$	1,689		$	(8,092	)

(1)	Transfers of unrealized gains and (losses) from AOCI to income on anticipated sales hedging transactions are included in net sales of tangible products.

(2)	Transfers from AOCI to income and (losses) on forward interest rate swaps hedging transactions are reported in forward swaps gain.

(3)	Transfers of unrealized gains and (losses) from AOCI to income on investments are included in investment income.

(4)	Transfers of foreign currency translation gains and (losses) from AOCI to income, are included in foreign exchange income (loss).

(5)