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Accumulated Other Comprehensive Income/(Loss)
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Accumulated Other Comprehensive Income/(Loss)
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)
The following table summarizes the changes in AOCI by component for the years ended December 31, 2016 and 2015. All amounts are presented net of tax and exclude portions attributable to noncontrolling interest.
 
Foreign currency translation adjustments
 
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
)
 
(354
)
 
(36,365
)
Amounts reclassified from accumulated other comprehensive loss

 

 
4,400

 
3,287

(a)
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
7,387

 

 
22,024

(b)
3,020

(c)
32,431

Amounts reclassified from accumulated other comprehensive loss

 
(4,606
)
 
583

 
2,513

(a)
(1,510
)
Net other comprehensive income/(loss)
7,387

 
(4,606
)
 
22,607

 
5,533

 
30,921

Recapitalization of New Zealand JV
3,622

 

 
(184
)
 

 
3,438

Balance as of December 31, 2016

$8,559

 

$1,665

 

$10,831

 

($20,199
)
 

$856

 
 
 
 

(a)
This component of other comprehensive income is included in the computation of net periodic pension cost. See Note 15Employee Benefit Plans for additional information.
(b)
Includes $21.4 million of other comprehensive gain related to interest rate swaps. See Note 13Derivative Financial Instruments and Hedging Activities for additional information.
(c)
This accumulated other comprehensive income component is comprised of $2.4 million from the annual computation of pension liabilities and a $5.4 million curtailment gain. See Note 15Employee Benefit Plans for additional information.

The following table presents details of the amounts reclassified in their entirety from AOCI for the years ended December 31, 2016 and 2015:
Details about accumulated other comprehensive income components
 
Amount reclassified from accumulated other comprehensive income
 
Affected line item in the income statement
 
 
2016
 
2015
 
 
Realized loss on foreign currency exchange contracts
 

$759

 

$5,366

 
Other operating income, net
Realized loss on foreign currency option contracts
 
436

 
4,035

 
Other operating income, net
Noncontrolling interest
 
(385
)
 
(3,290
)
 
Comprehensive income (loss) attributable to noncontrolling interest
Income tax benefit from foreign currency contracts
 
(227
)
 
(1,711
)
 
Income tax (expense) benefit (Note 9)
Net loss on cash flow hedges reclassified from accumulated other comprehensive income
 

$583

 

$4,400