Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2019

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

NOTE 12 – ACCUMULATED OTHER COMPREHENSIVE INCOME

Accumulated other comprehensive income includes adjustments for foreign currency translations.  The table below summarizes activity for changes in accumulated other comprehensive income included in “Accumulated other comprehensive income” on the accompanying Consolidated Balance Sheets as of December 31, 2019 and 2018 (in thousands):

	Foreign		Total Accumulated Other
	Currency (1)		Comprehensive Income
Accumulated other comprehensive income, balance at December 31, 2017	$	—	$	—
Change in accumulated other comprehensive income		—		—
Accumulated other comprehensive income, balance at December 31, 2018		—		—
Change in accumulated other comprehensive income		4,890		4,890
Accumulated other comprehensive income, balance at December 31, 2019	$	4,890	$	4,890

(1) Foreign currency is not shown net of additional U.S. tax, as other basis differences of non-U.S. subsidiaries are intended to be permanently reinvested.