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ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)
6 Months Ended
Jun. 30, 2018
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, 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 (loss)/income before reclassifications
(14,907
)
 
(344
)
 
19,106

(a)

 
3,855

Amounts reclassified from accumulated other comprehensive income

 

 
(1,009
)
 
338

(b)
(671
)
Net other comprehensive (loss)/income
(14,907
)
 
(344
)
 
18,097


338


3,184

Balance as of June 30, 2018

$1,068

 

$1,321

 

$34,281

 

($20,069
)
 

$16,601

 
 
 
 
 
(a)
Includes $21.3 million of other comprehensive income 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 Plans 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, 2018 and June 30, 2017:
Details about accumulated other comprehensive income components
 
Amount reclassified from accumulated other comprehensive income
 
Affected line item in the income statement
 
 
June 30, 2018
 
June 30, 2017
 
 
Realized gain on foreign currency exchange contracts
 

($1,654
)
 

($1,730
)
 
Other operating income, net
Realized gain on foreign currency option contracts
 
(165
)
 
(534
)
 
Other operating income, net
Noncontrolling interest
 
419

 
521

 
Comprehensive (loss) income attributable to noncontrolling interest
Income tax expense from gain on foreign currency contracts
 
391

 
488

 
Income tax expense
Net gain from accumulated other comprehensive income
 

($1,009
)
 

($1,255
)