The following tables present the changes in accumulated other comprehensive income (loss):



	Three Months Ended March 31,						Nine Months Ended March 31,
	2017			2016			2017			2016
Foreign currency translation adjustments:
Other comprehensive (loss) before reclassifications ⁽¹⁾	$	14,630		$	(20,103	)	$	(68,329	)	$	(85,690	)
Deferred gains/(losses) on cash flow hedging instruments:
Other comprehensive income before reclassifications	2			753			103			4,024
Amounts reclassified into income ⁽²⁾	(19		)	(1,962		)	(525		)	(4,188		)
Unrealized gain/(loss) on available for sale investment:
Other comprehensive income (loss) before reclassifications	47			20			(22		)	(112		)
Amounts reclassified into income ⁽³⁾	3			—			13			—
Net change in accumulated other comprehensive income (loss)	$	14,663		$	(21,292	)	$	(68,760	)	$	(85,966	)


(1)	Foreign currency translation adjustments included intra-entity foreign currency transactions that were of a long-term investment nature of $(2,017) and $20,272 for the three months ended March 31, 2017 and 2016, respectively, and $18,043 and $62,083 for the nine months ended March 31, 2017 and 2016, respectively.


(2)	Amounts reclassified into income for deferred gains/(losses) on cash flow hedging instruments are recorded in “Cost of sales” in the Consolidated Statements of Income and, before taxes, were $23 and $2,546 for the three months ended March 31, 2017 and 2016, respectively and $1,173 and $5,492 for the nine months ended March 31, 2017 and 2016, respectively.

(3)

Amounts reclassified into income for gains on sale of available for sale investments were based on the average cost of the shares held (See Note 13, Investments and Joint Ventures). Such amounts are recorded in “Other (income)/expense, net” in the Consolidated Statements of Income and were $5 and $21 before taxes for the three and nine months ended March 31, 2017, respectively. There were no amounts reclassified into income for the three and nine months ended March 31, 2016.