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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
 6 Months Ended
Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table summarizes the changes in AOCI by component for the six months ended June 30, 2016 and the year ended December 31, 2015. All amounts are presented net of tax and exclude portions attributable to noncontrolling interest.
 
Foreign currency translation gains/ (losses)
 
Net investment hedges of New Zealand JV
 
Cash flow hedges
 
Employee benefit plans
 
Total
Balance as of December 31, 2014

$25,533

 

($145
)
 

($1,548
)
 

($28,665
)
 

($4,825
)
Other comprehensive income/(loss) before reclassifications
(27,983
)
 
6,416

 
(14,444
)
(a)
(354
)
 
(36,365
)
Amounts reclassified from accumulated other comprehensive loss
—

 
—

 
4,400

 
3,287

(b)
7,687

Net other comprehensive income/(loss)
(27,983
)
 
6,416

 
(10,044
)
 
2,933

 
(28,678
)
Balance as of December 31, 2015

($2,450
)
 

$6,271

 

($11,592
)
 

($25,732
)
 

($33,503
)
Other comprehensive income/(loss) before reclassifications
15,338

 
—

 
(27,201
)
(c)
—

 
(11,863
)
Amounts reclassified from accumulated other comprehensive loss
—

 
(4,606
)
 
428

 
1,249

(b)
(2,929
)
Net other comprehensive income/(loss)
15,338

 
(4,606
)
 
(26,773
)

1,249


(14,792
)
Recapitalization of New Zealand JV
3,622

 
—

 
(184
)
 
—

 
3,438

Balance as of June 30, 2016

$16,510

 

$1,665

 

($38,549
)
 

($24,483
)
 

($44,857
)
 
 
 
 
 
(a)
Includes $10.2 million of other comprehensive loss related to interest rate swaps entered into in the third quarter 2015. See Note 12 — Derivative Financial Instruments and Hedging Activities for additional information.
(b)
This component of other comprehensive income is included in the computation of net periodic pension cost. See Note 14 — Employee Benefit Plans for additional information.
(c)
Includes $29.0 million of other comprehensive loss related to interest rate swaps. See Note 12 — Derivative Financial Instruments and Hedging Activities for additional information.
Reclassification out of Accumulated Other Comprehensive Income
The following table presents details of the amounts reclassified in their entirety from AOCI to net income for the six months ended June 30, 2016 and June 30, 2015:
Details about accumulated other comprehensive income components
 
Amount reclassified from accumulated other comprehensive income
 
Affected line item in the income statement
 
 
June 30,
 2016
 
June 30,
2015
 
 
Realized loss on foreign currency exchange contracts
 

$341

 

$1,504

 
Other operating income, net
Realized loss on foreign currency option contracts
 
573

 
1,035

 
Other operating income, net
Noncontrolling interest
 
(320
)
 
(889
)
 
Comprehensive income (loss) attributable to noncontrolling interest
Income tax benefit on loss from foreign currency contracts
 
(166
)
 
(462
)
 
Income tax (expense) benefit
Net loss from accumulated other comprehensive income
 

$428

 

$1,188