Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2020

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated other comprehensive loss on the Company's Condensed Consolidated Balance Sheets is net of applicable taxes, and consists of unrealized holding gains and losses on available-for-sale securities, unrealized gains and losses on certain derivative transactions and foreign currency translation adjustments.

The following table sets forth the changes in Accumulated other comprehensive loss for the three months ended June 30, 2020:


(in thousands)	Unrealized losses on available-for-sale securities		Unrealized holding gains (losses) on derivative transactions		Foreign currency translation adjustments		Total
Balance at March 31, 2020	$	(4)	$	21,007	$	(28,977)	$	(7,974)
Other comprehensive income (loss) before reclassifications	—		(3,347)		6,976		3,629
Amounts reclassified from accumulated other comprehensive loss⁽¹⁾	—		(1,515)		—		(1,515)
Net other comprehensive income (loss) during the period	—		(4,862)		6,976		2,114
Balance at June 30, 2020	$	(4)	$	16,145	$	(22,001)	$	(5,860)

⁽¹⁾Amounts reclassified are recorded in Net sales, Cost of sales, or Other non-operating income on the Condensed Consolidated Statements of Operations. Refer to Note 13 for further information regarding classifications.

The following table sets forth the changes in Accumulated other comprehensive loss for three months ended June 30, 2019:


(in thousands)	Unrealized losses on available-for-sale securities		Unrealized holding gains (losses) on derivative transactions		Foreign currency translation adjustments		Total
Balance at March 31, 2019	$	(4)	$	13,198	$	(16,512)	$	(3,318)
Other comprehensive income (loss) before reclassifications	—		(464)		3,901		3,437
Amounts reclassified from accumulated other comprehensive loss⁽¹⁾	—		(1,417)		—		(1,417)
Net other comprehensive income (loss) during the period	—		(1,881)		3,901		2,020
Balance at June 30, 2019	$	(4)	$	11,317	$	(12,611)	$	(1,298)

⁽¹⁾Amounts reclassified are recorded in Net Sales or Cost of sales on the Condensed Consolidated Statements of Operations. Refer to Note 13 for further information regarding classifications.

The following table sets forth the changes in Accumulated other comprehensive loss for the six months ended June 30, 2020:


(in thousands)	Unrealized gains (losses) on available-for-sale securities		Unrealized holding gains (losses) on derivative transactions		Foreign currency translation adjustments		Total
Balance at December 31, 2019	$	(4)	$	9,482	$	(13,903)	$	(4,425)
Other comprehensive income (loss) before reclassifications	—		11,015		(8,098)		2,917
Amounts reclassified from accumulated other comprehensive loss⁽¹⁾	—		(4,352)		—		(4,352)
Net other comprehensive income (loss) during the period	—		6,663		(8,098)		(1,435)
Balance at June 30, 2020	$	(4)	$	16,145	$	(22,001)	$	(5,860)

⁽¹⁾Amounts reclassified are recorded in Net Sales, Cost of sales, or Other non-operating income on the Condensed Consolidated Statements of Operations. Refer to Note 13 for further information regarding classifications.

The following table sets forth the changes in Accumulated other comprehensive loss for the six months ended June 30, 2019:


(in thousands)	Unrealized gains (losses) on available-for-sale securities		Unrealized holding gains (losses) on derivative transactions		Foreign currency translation adjustments		Total
Balance at December 31, 2018	$	(60)	$	11,964	$	(15,967)	$	(4,063)
Other comprehensive income before reclassifications	56		2,804		3,356		6,216
Amounts reclassified from accumulated other comprehensive loss⁽¹⁾	—		(3,352)		—		(3,352)
Net other comprehensive income (loss) during the period	56		(548)		3,356		2,864
Purchase of non-controlling interest	—		(99)		—		(99)
Balance at June 30, 2019	$	(4)	$	11,317	$	(12,611)	$	(1,298)