Accumulated other comprehensive income

9 Months Ended

Sep. 30, 2014

Equity [Abstract]

Accumulated other comprehensive income

10. Accumulated other comprehensive income

Accumulated other comprehensive income (loss) is primarily comprised of foreign currency translation adjustments, the effective portion of the gain (loss) on the Company’s cross-currency swap, which is designated and accounted for as a cash flow hedge and the unrealized gain (loss) on warrants. The components of and changes in accumulated other comprehensive income were as follows:

(U.S. Dollars, in thousands)	Foreign Currency Translation Adjustments			Market to Market on Financial Instruments			Accumulated Other Comprehensive Loss
	(Restated)			(Restated)			(Restated)
Balance at December 31, 2013	$	3,651		$	(148	)	$	3,503
Unrealized loss on cross-currency swap and warrants, net of tax		—			184			184
Foreign currency translation adjustment (1)		(2,728	)		—			(2,728	)
Balance at September 30, 2014	$	923		$	36		$	959

(1) As undistributed earnings of non-U.S. dollar denominated foreign subsidiaries are indefinitely reinvested, no deferred taxes are recognized on the related foreign currency translation adjustment.