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COMPREHENSIVE INCOME (Tables)
9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Schedule of Comprehensive Income
Comprehensive income was as follows:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
 
(In thousands)
Net income
$
3,159

 
$
20,144

 
$
20,388

 
$
46,316

Foreign currency translation adjustment
10,175

 
2,914

 
33,724

 
7,589

Change in unrealized gain (loss) on derivatives, net of tax
207

 
354

 
(331
)
 
9

Pension liability adjustment, net of tax
(7
)
 
(2
)
 
(22
)
 
(6
)
Comprehensive income, net
$
13,534

 
$
23,410

 
$
53,759

 
$
53,908



Schedule of Changes in Accumulated Other Comprehensive Income by Component
Changes in Accumulated Other Comprehensive Income by component between December 31, 2016 and September 30, 2017 are presented in the table below, net of tax:
 
 
Cash Flow Hedges
 
Defined Benefit Pension Items
 
Foreign Currency Items
 
Short-term Investment
 
Total
 
 
(In thousands)
Beginning balance
 
$
1,071

 
$
(36
)
 
$
(58,189
)
 

 
$
(57,154
)
Other comprehensive (loss) income
 
(290
)
 
(22
)
 
33,724

 
(3,019
)
 
30,393

Amounts reclassified from accumulated other comprehensive income
 
(41
)
 

 

 
3,019

 
2,978

Net current-period other comprehensive (loss) income
 
(331
)
 
(22
)
 
33,724

 

 
33,371

Ending balance
 
$
740

 
$
(58
)
 
$
(24,465
)
 
$

 
$
(23,783
)