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Accumulated Other Comprehensive Loss
12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
The following table details the components of accumulated other comprehensive loss:
(In thousands)
Year Ended December 31, 2018
Currency Translation Adjustment
 
Gains (Losses) on Cash Flow Hedges
 
Gains (Losses) on Available for Sale Investments
 
Accumulated Other Comprehensive Loss
Beginning Balance
$
(118,166
)
 
$
369

 
$
3,411

 
$
(114,386
)
Other comprehensive loss before reclassifications
(41,716
)
 
(356
)
 

 
(42,072
)
Amounts reclassified from accumulated other comprehensive loss (a)

 
(370
)
 

 
(370
)
Net current-period other comprehensive (loss), before income taxes
(41,716
)
 
(726
)
 

 
(42,442
)
Income tax expense (benefit)
(38
)
 
83

 

 
45

Net current-period other comprehensive (loss), net of income taxes
(41,754
)
 
(643
)
 

 
(42,397
)
Cumulative effect of adoption of accounting standard (a)

 

 
(3,411
)
 
(3,411
)
Ending Balance
$
(159,920
)
 
$
(274
)
 
$

 
$
(160,194
)

(In thousands)
Year Ended December 31, 2017
Currency Translation Adjustment
 
Gains (Losses) on Cash Flow Hedges
 
Gains (Losses) on Available for Sale Investments
 
Accumulated Other Comprehensive Loss
Beginning Balance
$
(194,189
)
 
$
391

 
$

 
(193,798
)
Other comprehensive income before reclassifications
76,023

 
565

 
5,398

 
81,986

Amounts reclassified from accumulated other comprehensive income (loss)

 
(600
)
 

 
(600
)
Net current-period other comprehensive income (loss), before income taxes
76,023

 
(35
)
 
5,398

 
81,386

Income tax expense (benefit)

 
13

 
(1,987
)
 
(1,974
)
Net current-period other comprehensive income (loss), net of income taxes
76,023

 
(22
)
 
3,411

 
79,412

Ending Balance
$
(118,166
)
 
$
369

 
$
3,411

 
$
(114,386
)
(a) Effective January 1, 2018, upon adoption of ASU 2016-01, unrealized gains and losses on equity investments with readily determinable fair values are recorded in miscellaneous expense, net. The Company recorded a transition adjustment to reclassify prior period amounts in other comprehensive income to retained earnings.
Amounts reclassified to net earnings for gains and losses on cash flow hedges designated as hedging instruments are included in interest expense in the consolidated statements of income.