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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
12 Months Ended
Dec. 31, 2012
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Balances for each classification of accumulated other comprehensive loss
The table below provides the balances for each classification of accumulated other comprehensive loss as of December 31, 2012 and 2011 (in thousands):
 
 
December 31, 2012
 
December 31, 2011
 
Foreign currency translation adjustments (1)
$
(23,786
)
 
$
(88,312
)
 
Net unrealized gain on investment securities (2)
110

 
730

 
Accumulated other comprehensive loss
$
(23,676
)
 
$
(87,582
)
 
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(1)          Includes net gains from fair value adjustments at December 31, 2012 and 2011 associated with net investment hedges of $23.8 million after tax ($38.7 million before tax) and $46.2 million after tax ($79.1 million before tax), respectively.  The remaining balance in currency translation adjustments excludes income taxes due to the Company’s practice and intention to reinvest the earnings of its foreign subsidiaries in those operations.
(2)          The unrealized gains before tax at December 31, 2012 and 2011 were $0.2 million and $1.0 million, respectively.