Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2017

Components of Accumulated Other Comprehensive Loss

Changes in the balances of each component included in accumulated other comprehensive loss (“AOCI”) are presented in the tables below. All amounts are net of tax and exclude non-controlling interest.

(In thousands)	Foreign Currency Translation Adjustments			Unrealized Net Gains (Losses) on Available for Sale Securities			Unrealized Net Gains (Losses) on Interest Rate Swap		Unrealized Net Gains (Losses) on Foreign Exchange Contracts			Total
Balance as of December 31, 2014 ⁽¹⁾	$	(2,119	)	$	140		$	-	$	0		$	(1,979	)
Other comprehensive income (loss) before reclassifications		(2,381	)		0			0		191			(2,190	)
Net losses (gains) reclassified from accumulated other comprehensive loss		0			(140	)		0		67			(73	)
Net other comprehensive (loss) income		(2,381	)		(140	)		0		258			(2,263	)
Balance as of December 31, 2015 ⁽²⁾		(4,500	)		0			0		258			(4,242	)
Other comprehensive (loss) income before reclassifications		(1,528	)		(56,420	)		0		683			(57,265	)
Net losses (gains) reclassified from accumulated other comprehensive loss		0			0			0		(322	)		(322	)
Net other comprehensive (loss) income		(1,528	)		(56,420	)		0		361			(57,587	)
Balance as of December 31, 2016 ⁽³⁾		(6,028	)		(56,420	)		0		619			(61,829	)
Other comprehensive (loss) income before reclassifications		3,352			(106,445	)		0		1,697			(101,396	)
Net losses (gains) reclassified from accumulated other comprehensive loss		0			162,865			0		(1,625	)		161,240
Net other comprehensive (loss) income		3,352			56,420			0		72			59,844
Balance as of December 31, 2017 ⁽⁴⁾	$	(2,676	)	$	0		$	0	$	691		$	(1,985	)

⁽¹⁾ Net of taxes of $88 thousand for unrealized net gains on marketable securities

⁽²⁾ Net of taxes of $166 thousand for unrealized net gains on marketable securities and foreign exchange contract derivatives

⁽³⁾ Net of taxes of $463 thousand for unrealized net gains on marketable securities and foreign exchange contract derivatives

⁽⁴⁾ Net of taxes of $445 thousand for unrealized net gains on foreign exchange contract derivatives

Income Tax Effects Related to Components of Other Comprehensive Loss

The following tables reflect the tax effects allocated to each component of other comprehensive loss (“OCI”)

	Year Ended December 31, 2017
(In thousands)	Before-Tax Amount			Tax Effect			Net Amount
Foreign currency translation adjustments	$	3,352		$	0		$	3,352
Available for sale securities:
Net gain arising during the period		(106,506	)		61			(106,445	)
Net gain reclassified into income		162,865			0			162,865
Net change in unrealized gains on available for sale securities		56,359			61			56,420
Derivatives qualifying as cash flow hedges:
Foreign exchange contracts:
Net gains (losses) arising during the period		2,776			(1,079	)		1,697
Net (gains) losses reclassified into income		(2,662	)		1,037			(1,625	)
Net change in unrealized gains (losses) on foreign exchange contracts		114			(42	)		72
Net gain (loss) on cash flow hedges		114			(42	)		72
Other comprehensive loss	$	59,825		$	19		$	59,844

	Year Ended December 31, 2016
(In thousands)	Before-Tax Amount			Tax Effect			Net Amount
Foreign currency translation adjustments	$	(1,528	)	$	0		$	(1,528	)
Available for sale securities:
Net gain arising during the period		(56,359	)		(61	)		(56,420	)
Net gain reclassified into income		0			0			0
Net change in unrealized gains on available for sale securities		(56,359	)		(61	)		(56,420	)
Derivatives qualifying as cash flow hedges:
Foreign exchange contracts:
Net gains (losses) arising during the period		1,128			(445	)		683
Net (gains) losses reclassified into income		(531	)		209			(322	)
Net change in unrealized gains (losses) on foreign exchange contracts		597			(236	)		361
Net gain (loss) on cash flow hedges		597			(236	)		361
Other comprehensive loss	$	(57,290	)	$	(297	)	$	(57,587	)

	Year Ended December 31, 2015
(In thousands)	Before-Tax Amount			Tax Effect			Net Amount
Foreign currency translation adjustments	$	(2,381	)	$	0		$	(2,381	)
Available for sale securities:
Net gain arising during the period		0			0			0
Net gain reclassified into income		(228	)		88			(140	)
Net change in unrealized gains on available for sale securities		(228	)		88			(140	)
Derivatives qualifying as cash flow hedges:
Interest rate swap:
Net loss arising during the period		0			0			0
Net loss reclassified into income		0			0			0
Net change in unrealized losses on interest rate swap		0			0			0
Foreign exchange contracts:
Net gains (losses) arising during the period		314			(123	)		191
Net (gains) losses reclassified into income		110			(43	)		67
Net change in unrealized gains (losses) on foreign exchange contracts		424			(166	)		258
Net gain (loss) on cash flow hedges		424			(166	)		258
Other comprehensive loss	$	(2,185	)	$	(78	)	$	(2,263	)