Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2019

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

Schedule of accumulated other comprehensive income

The changes in AOCI, net of tax, consisted of the following:

	For the Six Months Ended June 30, 2019
(in thousands)	Unrealized (Loss) Gain on Investments, Net of Tax			Unrealized Gain (Loss) on Derivative Instruments, Net of Tax			Unrealized (Loss) Gain on Net Investment Hedge, Net of Tax			Cumulative Translation Adjustment			Total
Balance as of December 31, 2018	$	(157	)	$	7,589		$	(394	)	$	(48,829	)	$	(41,791	)
Other comprehensive income before reclassifications	362			1,978			500			1,681			4,521
Gains reclassified from accumulated other comprehensive income	—			(3,313		)	—			—			(3,313		)
Balance as of June 30, 2019	$	205		$	6,254		$	106		$	(47,148	)	$	(40,583	)

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	For the Six Months Ended June 30, 2018
(in thousands)	Unrealized (Loss) Gain on Investments, Net of Tax			Unrealized (Loss) Gain on Derivative Instruments, Net of Tax			Unrealized (Loss) Gain on Net Investment Hedge, Net of Tax			Cumulative Translation Adjustment			Total
Balance as of December 31, 2017	$	(22	)	$	(5,219	)	$	(4,311	)	$	(26,918	)	$	(36,470	)
Other comprehensive income (loss) before reclassifications	150			5,786			2,263			(16,327		)	(8,128		)
Losses reclassified from accumulated other comprehensive income	—			2,039			—			—			2,039
Balance as of June 30, 2018	$	128		$	2,606		$	(2,048	)	$	(43,245	)	$	(42,559	)

Summary of reclassifications out of other comprehensive income

The following tables present components and amounts reclassified out of AOCI to net income:

(in thousands)	Affected Line Item in the Statements of Income	Amounts Reclassified from AOCI For the Three Months Ended June 30,
		2019		2018
Gain (loss) on derivative instruments classified as cash flow hedges included in net income:
Foreign currency exchange contracts	Cost of revenue	$	2,509	$	(833	)
	Tax expense (benefit)	358		(379		)
	Gain (loss), net of tax	$	2,151	$	(454	)

(in thousands)	Affected Line Item in the Statements of Income	Amounts Reclassified from AOCI For the Six Months Ended June 30,
		2019		2018
Gain (loss) on derivative instruments classified as cash flow hedges included in net income:
Foreign currency exchange contracts	Cost of revenue	$	3,920	$	(2,668	)
	Tax expense (benefit)	607		(629		)
	Gain (loss), net of tax	$	3,313	$	(2,039	)