ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

6 Months Ended

Jun. 30, 2015

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [ABSTRACT]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

(13)ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table presents changes in the accumulated balance for each component of other comprehensive income (loss), including current period other comprehensive income (loss) and reclassifications out of accumulated other comprehensive income (loss) (in thousands):

			Foreign Currency Translation Adjustment		Derivative Valuation, Net of Tax		Other, Net of Tax		Totals
Accumulated other comprehensive income
	(loss) at December 31, 2014		$	(33,352)	$	(18,345)	$	(577)	$	(52,274)
	Other comprehensive income (loss) before reclassifications			(17,147)		(5,410)		(2,815)		(25,372)
	Amounts reclassified from accumulated other
		comprehensive income (loss)		-		2,441		454		2,895
		Net current period other comprehensive income (loss)		(17,147)		(2,969)		(2,361)		(22,477)
Accumulated other comprehensive income
	(loss) at June 30, 2015		$	(50,499)	$	(21,314)	$	(2,938)	$	(74,751)
Accumulated other comprehensive income
	(loss) at December 31, 2013		$	(10,581)	$	(8,352)	$	(1,653)	$	(20,586)
	Other comprehensive income (loss) before reclassifications			5,202		6,297		33		11,532
	Amounts reclassified from accumulated other
		comprehensive income (loss)		-		2,174		523		2,697
		Net current period other comprehensive income (loss)		5,202		8,471		556		14,229
Accumulated other comprehensive income
	(loss) at June 30, 2014		$	(5,379)	$	119	$	(1,097)	$	(6,357)

The following table presents the classification and amount of the reclassifications from accumulated other comprehensive income (loss) to the statement of comprehensive income (loss) (in thousands):

			For the Three Months Ended
			June 30, 2015		June 30, 2014		Statement of Comprehensive Income (Loss) Classification
Derivative valuation
	Gain (loss) on foreign currency forward
		exchange contracts	$	(2,506)	$	(1,472)	Revenue
	Loss on interest rate swaps			(262)		(265)	Interest expense
	Tax effect			1,467		678	Provision for income taxes
			$	(1,301)	$	(1,059)	Net income (loss)
Other
	Actuarial loss on defined benefit plan		$	(230)	$	(280)	Cost of services
	Tax effect			22		18	Provision for income taxes
			$	(208)	$	(262)	Net income (loss)
			For the Six Months Ended
			June 30, 2015		June 30, 2014		Statement of Comprehensive Income (Loss) Classification
Derivative valuation
	Gain (loss) on foreign currency forward
		exchange contracts	$	(4,213)	$	(3,043)	Revenue
	Loss on interest rate swaps			(519)		(523)	Interest expense
	Tax effect			2,291		1,392	Provision for income taxes
			$	(2,441)	$	(2,174)	Net income (loss)
Other
	Actuarial loss on defined benefit plan		$	(504)	$	(556)	Cost of services
	Tax effect			50		33	Provision for income taxes
			$	(454)	$	(523)	Net income (loss)