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COMPREHENSIVE INCOME
 3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
COMPREHENSIVE INCOME
COMPREHENSIVE INCOME
Comprehensive income was as follows:
 
Three Months Ended March 31,
 
2019
 
2018
 
(In thousands)
Net income
$
32,756

 
$
10,992

Foreign currency translation adjustment
(7,009
)
 
13,780

Change in unrealized gain (loss) on derivatives, net of tax
(4,236
)
 
7,838

Pension liability adjustment, net of tax
9

 
(6
)
Comprehensive income, net
$
21,520

 
$
32,604


Changes in Accumulated Other Comprehensive Income by component between December 31, 2018 and March 31, 2019 are presented in the table below, net of tax:
 
 
Gains and Losses on Derivatives
 
Defined Benefit Pension Items
 
Foreign Currency Items
 
Total
 
 
(In thousands)
Balance at January 1, 2019
 
$
(4,813
)
 
$
(736
)
 
$
(39,894
)
 
$
(45,443
)
Other comprehensive income (loss)
 
2,516

 
9

 
(7,009
)
 
(4,484
)
Less: Amounts reclassified from accumulated other comprehensive income
 
6,752

 
—

 
—

 
6,752

Net current-period other comprehensive income (loss)
 
(4,236
)
 
9

 
(7,009
)
 
(11,236
)
Balance at March 31, 2019
 
$
(9,049
)
 
$
(727
)
 
$
(46,903
)
 
$
(56,679
)

For the three months ended March 31, 2019, the Company reclassified gains of $4.0 million and $2.8 million from AOCI to other income (expenses), net, and interest income, respectively.