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Accumulated Other Comprehensive (Loss) Income
12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Accumulated Other Comprehensive (Loss) Income
NOTE 16: ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
AOCI is a separate component of shareholders’ equity in the Company’s Consolidated Balance sheets. The following table summarizes the changes in AOCI, net of taxes by component (in thousands):
 
Pension and other Post-Retirement Benefit Items
 
Marketable Securities
 
Cash Flow Hedging Instruments
 
Foreign Currency Translation Adjustments (1)
 
Total
Balance at December 31, 2016
$
(64,883
)
 
$
3,075

 
$

 
$
(19,974
)
 
(81,782
)
Other comprehensive income (loss) before reclassifications
19,231

 
(95
)
 
(3,591
)
 
5,253

 
20,798

Amounts reclassified from AOCI
(160
)
 
(2,980
)
 
3,298

 
12,765

 
12,923

Balance at December 31, 2017
(45,812
)
 

 
(293
)
 
(1,956
)
 
(48,061
)
Other comprehensive income (loss) before reclassifications
(48,752
)
 

 
4,397

 
(633
)
 
(44,988
)
Amounts reclassified from AOCI
(165
)
 

 
1,074

 
1,504

 
2,413

Cumulative effect of change in accounting principle (2)
(13,509
)
 

 
(614
)
 
(208
)
 
(14,331
)
Balance at December 31, 2018
$
(108,238
)
 
$

 
$
4,564

 
$
(1,293
)
 
$
(104,967
)
 
(1)
In 2017, amounts reclassified from AOCI included $9 million of cumulative translation adjustments as a result of the Gracenote Sale, which are included in income (loss) from discontinued operations, net of taxes, and $4 million of cumulative translation adjustments as a result of the CareerBuilder impairment, which are included in write-downs of investments, in the Company’s Consolidated Statements of Operations. In 2018, amounts reclassified from AOCI included $2 million of cumulative translation adjustments as a result of the Company’s sale of its remaining ownership interest in CareerBuilder. See Note 6 for the discussion of the Company’s equity-method investments.
(2)
See Note 1 for additional information on the adoption of ASU 2018-02.