ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

12 Months Ended

Dec. 31, 2016

Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 9 – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table sets forth the changes in the components of accumulated other comprehensive income for 2016, 2015 and 2014:

In thousands
	Currency Translation Adjustments			Unrealized Gains (Losses) on Cash Flow Hedges			Accumulated Other Comprehensive Income/ (Loss)
Beginning balance at January 1, 2014	$	(55,010	)	$	(1,458	)	$	(56,468	)
Period change		(80,221	)		(1,730	)		(81,951	)
Ending balance at December 31, 2014	$	(135,231	)	$	(3,188	)	$	(138,419	)
Period change		(140,809	)		(3,403	)		(144,212	)
Ending balance at December 31, 2015	$	(276,040	)	$	(6,591	)	$	(282,631	)
Period change		(86,340	)		1,328			(85,012	)
Ending balance at December 31, 2016	$	(362,380	)	$	(5,263	)	$	(367,643	)

During the years ended December 31, 2016, 2015 and 2014, the net tax impact of the unrealized gains/ (losses) on cash flow hedges in accumulated other comprehensive income was $(0.8) million, $2.2 million, and $0.6 million, respectively. Translation adjustments are not tax-effected as the Company’s net investment in foreign subsidiaries and all related foreign earnings are deemed permanently invested.