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COMPREHENSIVE INCOME (LOSS)
 9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
COMPREHENSIVE INCOME (LOSS) COMPREHENSIVE INCOME (LOSS)

Comprehensive income (loss) was as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2020
 
2019
 
2020
 
2019
 
(In thousands)
 
(In thousands)
Net income (loss)
$
32,337

 
$
(27,610
)
 
$
41,148

 
$
34,882

Foreign currency translation adjustment
21,181

 
(18,651
)
 
24,801

 
(17,960
)
Change in unrealized loss on derivatives, net of tax
(9,679
)
 
(775
)
 
(39,814
)
 
(24,714
)
Pension liability adjustment, net of tax
(291
)
 
515

 
(498
)
 
504

Comprehensive income (loss), net
$
43,548

 
$
(46,521
)
 
$
25,637

 
$
(7,288
)

Changes in accumulated other comprehensive loss by component between December 31, 2019 and September 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
)
 
$
(40,068
)
 
$
(76,402
)
Other comprehensive income (loss)
 
(48,429
)
 
(498
)
 
24,801

 
(24,126
)
Less: Amounts reclassified from accumulated other comprehensive loss
 
(8,615
)
 
—

 
—

 
(8,615
)
Net current-period other comprehensive income (loss)
 
(39,814
)
 
(498
)
 
24,801

 
(15,511
)
Balance at September 30, 2020
 
$
(66,439
)
 
$
(10,207
)
 
$
(15,267
)
 
$
(91,913
)

For the nine months ended September 30, 2020, the Company reclassified a loss of $5.7 million and $2.9 million from accumulated other comprehensive loss to other income (expense), net and interest income, respectively.