XML 34 R23.htm IDEA: XBRL DOCUMENT v3.19.1
Accumulated Other Comprehensive Loss
 3 Months Ended
Mar. 31, 2019
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 forward
contracts are recognized in accumulated other comprehensive loss on the Company's unaudited consolidated balance sheet until the settlement of those contracts. The balances as of March 31, 2019 and December 31, 2018 are as follows:

 
As of
 
March 31, 2019
 
December 31, 2018
Cumulative foreign currency translation loss
$
(81,425
)
 
$
(84,105
)
Unrealized gain/(loss) on cash flow hedges, net of taxes of $1,658 and $115, respectively
3,390

 
(333
)
Retirement benefits, net of taxes of $56 and ($53), respectively
823

 
971

Accumulated other comprehensive loss
$
(77,212
)
 
$
(83,467
)