Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Apr. 30, 2013

Accumulated Other Comprehensive Income (Loss)

Note 9. Accumulated Other Comprehensive Income (Loss)

Components of accumulated other comprehensive income (loss), on an after-tax basis where applicable, were as follows:

	April 30, 2013			October 31, 2012
	(in thousands)
Cumulative currency translation adjustments	$	(28,635	)	$	(14,123	)
Unrealized gain (loss) on derivative instruments, net of taxes		628			(1,338	)
Total accumulated other comprehensive income (loss)	($	28,007	)	($	15,461	)

The effect of amounts reclassified out of each component of accumulated other comprehensive income into net income was as follows:

	Three Months Ended April  30,						Six Months Ended April  30,
	2013			2012			2013			2012
Reclassifications from accumulated other comprehensive income into unaudited condensed consolidated statement of operations:
Gain (loss) on cash flow hedges, net of taxes
Revenues	$	2,067		$	(24	)	$	2,554		$	(1,634	)
Operating expenses		(57	)		(2,093	)		(824	)		(3,936	)
Total reclassifications into net income	$	2,010		$	(2,117	)	$	1,730		$	(5,570	)

Amounts reclassified for the three and six months ended April 30, 2013 and for the same periods in fiscal 2012 consisted of gains (losses) from the Company’s cash flow hedging activities. Refer to Note 4. Financial Assets and Liabilities.