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Stockholders' Equity
 6 Months Ended
Jul. 01, 2016
Equity [Abstract]  
Stockholders' Equity
STOCKHOLDERS’ EQUITY
Accumulated Other Comprehensive Income (Loss) (“AOCI”)
The components of AOCI, on an after-tax basis where applicable, were as follows (in thousands):
 
Foreign Currency Translation Adjustments
 
Unrealized Gains (Losses) on Cash Flow Hedges
 
Unrealized Gains (Losses) on Available-for-Sale Investments
 
Total
Balance as of December 31, 2015
$
(2,634
)
 
$
(246
)
 
$
(1,538
)
 
$
(4,418
)
Other comprehensive income (loss) before reclassifications
(677
)
 
158

 
30

 
(489
)
Amounts reclassified from AOCI
—

 
100

 
1,476

 
1,576

Provision for income taxes
—

 
—

 
(23
)
 
(23
)
Balance as of July 1, 2016
$
(3,311
)
 
$
12

 
$
(55
)
 
$
(3,354
)
The effects of amounts reclassified from AOCI into the Condensed Consolidated Statement of Operations were as follows (in thousands):
 
Three months ended
 
Six months ended
 
July 1, 2016
 
July 3, 2015
 
July 1, 2016
 
July 3, 2015
Gains (losses) on cash flow hedges from foreign currency contracts:
 
 
 
 
 
 
 
  Cost of revenue
$
(3
)
 
$
19

 
$
(13
)
 
$
26

  Operating expenses
(19
)
 
119

 
(87
)
 
161

    Total reclassifications from AOCI
$
(22
)
 
$
138

 
$
(100
)
 
$
187


The loss on available-for-sale securities of $1.5 million reclassified from AOCI into the Condensed Consolidated Statement of Operations was included under “Loss on impairment of long-term investment”.
Common Stock Repurchases
On April 24, 2012, the Board approved a stock repurchase program that provided for the repurchase of up to $25 million of the Company’s outstanding common stock. Under the program, the Company is authorized to repurchase shares of common stock in open market transactions or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). From time to time, the Board may approve further increases to the program and the amount approved for this program was increased to $300 million periodically through May 2014 and the repurchase period has been extended through the end of 2016. The timing and actual number of shares repurchased, if any, will depend on a variety of factors, including the price and availability of our shares, trading volume and general market conditions. The purchases are funded from available working capital. The program may be suspended or discontinued at any time without prior notice.
There were no stock repurchases in the six months ended July 1, 2016 and the remaining authorized amount for stock repurchases under this program was $45.7 million as of July 1, 2016. For additional information, see “Item 2 - Unregistered sales of equity securities and use of proceeds” of this Quarterly Report on Form 10-Q.