XML 33 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)
3 Months Ended
Mar. 31, 2014
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Balances for each classification of accumulated other comprehensive income (loss)
The table below provides the balances for each classification of accumulated other comprehensive income as of March 31, 2014 and December 31, 2013 (in thousands): 
 
 
March 31,
2014
 
December 31,
2013
Foreign currency translation adjustments, net of tax (1)
 
$
92,512

 
$
84,598

Net unrealized gain on marketable securities, net of tax (2)
 
239

 
131

Accumulated other comprehensive income
 
$
92,751

 
$
84,729

 
(1)          Foreign currency translation adjustments, net of tax, includes net losses from fair value adjustments at March 31, 2014 of $57.4 million after tax ($96.4 million before tax) and net losses from fair value adjustments at December 31, 2013 of $58.7 million after tax ($98.8 million before tax) associated with net investment hedges (see Note 5).  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 gain before tax at March 31, 2014 and December 31, 2013 was $0.4 million and $0.2 million, respectively.