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COMPREHENSIVE INCOME (LOSS)
 6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
COMPREHENSIVE INCOME (LOSS) COMPREHENSIVE INCOME (LOSS)

Comprehensive income (loss) was as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2020
 
2019
 
2020
 
2019
 
(In thousands)
 
(In thousands)
Net income (loss)
$
(369
)
 
$
29,736

 
$
8,811

 
$
62,492

Foreign currency translation adjustment
10,433

 
7,700

 
3,620

 
690

Change in unrealized loss on derivatives, net of tax
(8,830
)
 
(19,703
)
 
(30,136
)
 
(23,937
)
Pension liability adjustment, net of tax
(139
)
 
(19
)
 
(207
)
 
(10
)
Comprehensive income (loss), net
$
1,095

 
$
17,714

 
$
(17,912
)
 
$
39,235


Changes in accumulated other comprehensive loss by component between December 31, 2019 and June 30, 2020 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, 2020
 
$
(26,625
)
 
$
(9,709
)
 
$
(40,067
)
 
$
(76,401
)
Other comprehensive income (loss)
 
(31,957
)
 
(207
)
 
3,620

 
(28,544
)
Less: Amounts reclassified from accumulated other comprehensive loss
 
(1,821
)
 
—

 
—

 
(1,821
)
Net current-period other comprehensive income (loss)
 
(30,136
)
 
(207
)
 
3,620

 
(26,723
)
Balance at June 30, 2020
 
$
(56,761
)
 
$
(9,916
)
 
$
(36,447
)
 
$
(103,124
)

For the six months ended June 30, 2020, the Company reclassified a loss of $1.6 million from accumulated other comprehensive loss to other income (expense), net and $0.2 million from interest income.