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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (TABLES)
 9 Months Ended
Sep. 30, 2017
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [ABSTRACT]  
Schedule of 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

 

Derivative

 

 

 

 

 

 

 

 

 

Translation

 

Valuation, Net

 

Other, Net

 

 

 

 

 

 

Adjustment

 

of Tax

 

of Tax

 

Totals

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated other comprehensive income (loss) at December 31, 2015

 

$

(71,196)

 

$

(26,885)

 

$

(3,284)

 

$

(101,365)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income (loss) before reclassifications

 

 

(7,999)

 

 

9,519

 

 

2,330

 

 

3,850

 

Amounts reclassified from accumulated other comprehensive income (loss)

 

 

 —

 

 

(11,189)

 

 

(1,128)

 

 

(12,317)

 

Net current period other comprehensive income (loss)

 

 

(7,999)

 

 

(1,670)

 

 

1,202

 

 

(8,467)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated other comprehensive income (loss) at September 30, 2016

 

$

(79,195)

 

$

(28,555)

 

$

(2,082)

 

$

(109,832)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated other comprehensive income (loss) at December 31, 2016

 

$

(92,008)

 

$

(32,393)

 

$

(2,563)

 

$

(126,964)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income (loss) before reclassifications

 

 

8,089

 

 

25,290

 

 

738

 

 

34,117

 

Amounts reclassified from accumulated other comprehensive income (loss)

 

 

 —

 

 

(10,694)

 

 

(352)

 

 

(11,046)

 

Net current period other comprehensive income (loss)

 

 

8,089

 

 

14,596

 

 

386

 

 

23,071

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated other comprehensive income (loss) at September 30, 2017

 

$

(83,919)

 

$

(17,797)

 

$

(2,177)

 

$

(103,893)

 

 

Income Statement Location of Adjustments Reclassified from Accumulated Other Comprehensive Income to Income

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):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Statement of

 

 

 

For the Three Months Ended September 30,

 

Comprehensive Income

 

 

    

2017

    

2016

    

(Loss) Classification

 

 

 

 

 

 

 

 

 

 

 

Derivative valuation

 

 

 

 

 

 

 

 

 

Loss on foreign currency forwards

 

$

(5,812)

 

$

(7,103)

 

Revenue

 

Loss on interest rate swaps

 

 

 —

 

 

(104)

 

Interest expense

 

Tax effect

 

 

2,325

 

 

3,028

 

Provision for income taxes

 

 

 

$

(3,487)

 

$

(4,179)

 

Net income (loss)

 

 

 

 

 

 

 

 

 

 

 

Other

 

 

 

 

 

 

 

 

 

Actuarial loss on defined benefit plan

 

$

(130)

 

$

(804)

 

Cost of services

 

Tax effect

 

 

13

 

 

80

 

Provision for income taxes

 

 

 

$

(117)

 

$

(724)

 

Net income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Statement of

 

 

 

For the Nine Months Ended September 30,

 

Comprehensive Income

 

 

    

2017

    

2016

    

(Loss) Classification

 

 

 

 

 

 

 

 

 

 

 

Derivative valuation

 

 

 

 

 

 

 

 

 

Loss on foreign currency forwards

 

$

(17,709)

 

$

(18,860)

 

Revenue

 

Loss on interest rate swaps

 

 

(115)

 

 

(435)

 

Interest expense

 

Tax effect

 

 

7,130

 

 

8,106

 

Provision for income taxes

 

 

 

$

(10,694)

 

$

(11,189)

 

Net income (loss)

 

 

 

 

 

 

 

 

 

 

 

Other

 

 

 

 

 

 

 

 

 

Actuarial loss on defined benefit plan

 

$

(391)

 

$

(1,252)

 

Cost of services

 

Tax effect

 

 

39

 

 

124

 

Provision for income taxes

 

 

 

$

(352)

 

$

(1,128)

 

Net income (loss)