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Accumulated Other Comprehensive Loss
 6 Months Ended
Jun. 30, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Accumulated other comprehensive loss consists of amortization of actuarial gain/(loss) on retirement benefits and changes in the cumulative foreign currency translation adjustments. In addition, the Company enters into foreign currency exchange contracts, which are designated as cash flow hedges in accordance with ASC topic 815. Changes in the fair values of contracts are recognized in accumulated other comprehensive loss on the Company's consolidated balance sheet until the settlement of those contracts. The balances as of June 30, 2018 and December 31, 2017 are as follows:

 
As of
 
June 30, 2018
 
December 31, 2017
Cumulative foreign currency translation (loss)
$
(84,435
)
 
$
(58,405
)
Unrealized (loss)/gain on cash flow hedges, net of taxes of ($657) and $4,918, respectively
(3,874
)
 
11,932

Retirement benefits, net of taxes of ($76) and ($74), respectively
688

 
763

Accumulated other comprehensive loss
$
(87,621
)
 
$
(45,710
)