Amounts Reclassified out of Accumulated Other Comprehensive Income |
The following table summarizes amounts reclassified out of Accumulated Other Comprehensive Income (AOCI) and their effect on the Company’s Consolidated Statements of Operations for the years ended December 31, 2016 and 2015.
|
|
Amount Reclassified from AOCI (Gain) Loss |
|
|
|
|
|
Years Ended December 31, |
|
|
Consolidated Statement of |
Details about AOCI Components |
|
2016 |
|
|
2015 |
|
|
Operations Classification |
Gains on cash flow hedges: |
|
|
|
|
|
|
|
|
|
|
Forward foreign currency exchange contracts |
|
$ |
6,112 |
|
|
$ |
17,715 |
|
|
Net product revenues |
Forward foreign currency exchange contracts |
|
|
4,161 |
|
|
|
1,889 |
|
|
Selling, general and administrative |
Total gain on cash flow hedges |
|
|
10,273 |
|
|
|
19,604 |
|
|
|
Other-than-temporary impairment on
available-for-sale securities |
|
|
— |
|
|
|
(1,160 |
) |
|
Other income (expense) |
Gain (loss) on sale of available-for-sale
securities |
|
|
(115 |
) |
|
|
3,033 |
|
|
Other income (expense) |
Total gain (loss) on available-for-sale securities |
|
|
(115 |
) |
|
|
1,873 |
|
|
|
Less income tax effect of the above |
|
|
42 |
|
|
|
681 |
|
|
Provision for (benefit from) income taxes |
|
|
$ |
10,116 |
|
|
$ |
20,796 |
|
|
Net loss |
|
Summary of Changes in Accumulated Balances of Other Comprehensive Loss Including Current Period Reclassifications Out of AOCI and Other Amount of Current Period Other Comprehensive Income |
The following table summarizes changes in the accumulated balances for each component of other comprehensive loss, including current period reclassifications out of AOCI and other amounts of current-period other comprehensive income, for the years ended December 31, 2016 and 2015.
|
|
Year Ended December 31, 2016 |
|
|
|
Gains and Losses on Cash Flow Hedges |
|
|
Unrealized Gains on Available-for-Sale Securities |
|
|
Foreign Currency Items |
|
|
Total |
|
AOCI balance at December 31, 2015 |
|
|
13,602 |
|
|
|
7,441 |
|
|
|
(10 |
) |
|
|
21,033 |
|
Other comprehensive income (loss) before
reclassifications |
|
|
9,677 |
|
|
|
(12,104 |
) |
|
|
(2 |
) |
|
|
(2,429 |
) |
Less net gain (loss) reclassified from AOCI |
|
|
10,273 |
|
|
|
(115 |
) |
|
|
|
|
|
|
10,158 |
|
Tax effect |
|
|
— |
|
|
|
4,370 |
|
|
|
— |
|
|
|
4,370 |
|
Net current-period other comprehensive loss |
|
|
(596 |
) |
|
|
(7,619 |
) |
|
|
(2 |
) |
|
|
(8,217 |
) |
AOCI balance at December 31, 2016 |
|
$ |
13,006 |
|
|
$ |
(178 |
) |
|
$ |
(12 |
) |
|
$ |
12,816 |
|
|
|
Year Ended December 31, 2015 |
|
|
|
Gains and Losses on Cash Flow Hedges |
|
|
Unrealized Gains on Available-for-Sale Securities |
|
|
Foreign Currency Items |
|
|
Total |
|
AOCI balance at December 31, 2014 |
|
|
15,906 |
|
|
|
11,511 |
|
|
|
49 |
|
|
|
27,466 |
|
Other comprehensive income (loss) before
reclassifications |
|
|
17,300 |
|
|
|
(4,459 |
) |
|
|
(59 |
) |
|
|
12,782 |
|
Less gain reclassified from AOCI |
|
|
19,604 |
|
|
|
1,873 |
|
|
|
— |
|
|
|
21,477 |
|
Tax effect |
|
|
— |
|
|
|
2,262 |
|
|
|
— |
|
|
|
2,262 |
|
Net current-period other comprehensive loss |
|
|
(2,304 |
) |
|
|
(4,070 |
) |
|
|
(59 |
) |
|
|
(6,433 |
) |
AOCI balance at December 31, 2015 |
|
|
13,602 |
|
|
|
7,441 |
|
|
|
(10 |
) |
|
|
21,033 |
|
|