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Accumulated Other Comprehensive Loss
12 Months Ended
Dec. 31, 2019
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, 2019
Currency Translation AdjustmentGains (Losses) on Cash Flow HedgesGains (Losses) on Available for Sale InvestmentsAccumulated Other Comprehensive Loss
Beginning Balance$(159,920) $(274) $—  $(160,194) 
Net current-period other comprehensive (loss), before income taxes(6,272) (1,609) —  (7,881) 
Income tax expense (benefit)(11) 375  —  364  
Net current-period other comprehensive (loss), net of income taxes(6,283) (1,234) —  (7,517) 
Ending Balance$(166,203) $(1,508) $—  $(167,711) 
(In thousands)Year Ended December 31, 2018
Currency Translation AdjustmentGains (Losses) on Cash Flow HedgesGains (Losses) on Available for Sale InvestmentsAccumulated Other Comprehensive Loss
Beginning Balance$(118,166) $369  $3,411  (114,386) 
Other comprehensive income before reclassifications(41,716) (356) —  (42,072) 
Amounts reclassified from accumulated other comprehensive loss (a)
—  (370) —  (370) 
Net current-period other comprehensive income (loss), before income taxes(41,716) (726) —  (42,442) 
Income tax expense (benefit)(38) 83  —  45  
Net current-period other comprehensive income (loss), net of income taxes(41,754) (643) —  (42,397) 
Cumulative effect of adoption of accounting standard (a)
—  —  (3,411) (3,411) 
Ending Balance$(159,920) $(274) $—  $(160,194) 
(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.