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Accumulated Other Comprehensive Income
 12 Months Ended
Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income     ACCUMULATED OTHER COMPREHENSIVE INCOME

The changes in AOCI, net of tax, consisted of the following:
 
 
For the Years Ended December 31, 2019 and 2018
 
 
 
 
Unrealized (Loss) Gain on Cash Flow Hedges, Net of Tax
 
Unrealized (Loss) Gain on Net Investment Hedges, Net of Tax
 
 
 
 
(in thousands)
 
Unrealized (Loss) Gain on Investments, Net of Tax
 
Foreign Currency Exchange Contracts
 
Euro-Denominated Notes
 
Cross Currency Swaps
 
Cumulative Translation Adjustment
 
Total

 
 

 
 

 
 
 
 

 
 

 
 
Balance as of December 31, 2017
 
$
(22
)
 
$
(5,219
)
 
$
(4,311
)
 
$
—

 
$
(26,918
)
 
$
(36,470
)
Other comprehensive (loss) income before reclassifications
 
(135
)
 
10,659

 
3,917

 
1,360

 
(21,911
)
 
(6,110
)
Losses reclassified from accumulated other comprehensive income
 
—

 
789

 
—

 
—

 
—

 
789

Balance as of December 31, 2018
 
(157
)
 
6,229

 
(394
)
 
1,360

 
(48,829
)
 
(41,791
)
Other comprehensive income (loss) before reclassifications
 
267

 
1,196

 
1,790

 
2,107

 
(1,590
)
 
3,770

Gains reclassified from accumulated other comprehensive income
 
—

 
(8,161
)
 
—

 
—

 
—

 
(8,161
)
Balance as of December 31, 2019
 
$
110

 
$
(736
)
 
$
1,396

 
$
3,467

 
$
(50,419
)
 
$
(46,182
)


The following table presents 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 Years Ended December 31,
 
 
 
 
2019
 
2018
 
2017

 
 
 
 

 
 

 
 

Gains (losses) on derivative instruments included in net income:
 
 
 
 
 
 
 
 
Foreign currency exchange contracts
 
Cost of revenue
 
$
10,628

 
$
(976
)
 
$
27


 
Tax expense (benefit)
 
2,467

 
(187
)
 
224


 
Gains (losses), net of tax
 
$
8,161

 
$
(789
)
 
$
(197
)