ACCUMULATED OTHER COMPREHENSIVE INCOME

3 Months Ended

Mar. 31, 2018

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME

ACCUMULATED OTHER COMPREHENSIVE INCOME

The following table summarizes the changes in AOCI by component for the three months ended March 31, 2018 and the year ended December 31, 2017. All amounts are presented net of tax and exclude portions attributable to noncontrolling interest.

	Foreign currency translation gains		Net investment hedges of New Zealand JV		Cash flow hedges				Employee benefit plans				Total
Balance as of December 31, 2016		$8,559		$1,665		$10,831				($20,199	)			$856
Other comprehensive income before reclassifications	7,416		—		7,321				(673		)		14,064
Amounts reclassified from accumulated other comprehensive income	—		—		(1,968		)		465			(b)	(1,503		)
Net other comprehensive income/(loss)	7,416		—		5,353				(208		)		12,561
Balance as of December 31, 2017		$15,975		$1,665		$16,184				($20,407	)			$13,417
Other comprehensive income before reclassifications	7,496		110		17,176			(a)	—				24,782
Amounts reclassified from accumulated other comprehensive income	—		—		(795		)		159			(b)	(636		)
Net other comprehensive income	7,496		110		16,381				159				24,146
Balance as of March 31, 2018		$23,471		$1,775		$32,565				($20,248	)			$37,563

(a) Includes $15.6 million of other comprehensive gain related to interest rate swaps. 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 Plansfor additional information.

The following table presents details of the amounts reclassified in their entirety from AOCI to net income for the three months ended March 31, 2018 and March 31, 2017:

Details about accumulated other comprehensive income components	Amount reclassified from accumulated other comprehensive income						Affected line item in the income statement
	March 31, 2018			March 31, 2017
Realized gain on foreign currency exchange contracts		($1,297	)		($446	)	Other operating income, net
Realized gain on foreign currency option contracts	(136		)	(282		)	Other operating income, net
Noncontrolling interest	330			168			Comprehensive income attributable to noncontrolling interest
Income tax expense from gain on foreign currency contracts	308			156			Income tax expense
Net gain from accumulated other comprehensive income		($795	)		($404	)