Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2016

Accumulated Other Comprehensive Income

Schedule of components and allocated tax effects of accumulated other comprehensive income

The components and allocated tax effects of accumulated other comprehensive income for the three and nine month periods ended September 30, 2016 and 2015 are as follows (dollars in thousands):

Three Months Ended September 30, 2016
Balance at June 30, 2016	$	(24,274)
Other comprehensive loss before reclassifications		(2,685)
Amounts reclassified from accumulated other comprehensive loss (1)		(1,066)
Net current-period other comprehensive loss		(3,751)
Balance at September 30, 2016	$	(28,025)
Three Months Ended September 30, 2015
Balance at June 30, 2015	$	(10,914)
Other comprehensive loss before reclassifications		(7,413)
Amounts reclassified from accumulated other comprehensive loss		—
Net current-period other comprehensive loss		(7,413)
Balance at September 30, 2015	$	(18,327)
Nine Months Ended September 30, 2016
Balance at December 31, 2015	$	(19,495)
Other comprehensive loss before reclassifications		(7,464)
Amounts reclassified from accumulated other comprehensive loss (1)		(1,066)
Net current-period other comprehensive loss		(8,530)
Balance at September 30, 2016	$	(28,025)
Nine Months Ended September 30, 2015
Balance at December 31, 2014	$	(5,894)
Other comprehensive loss before reclassifications		(12,433)
Amounts reclassified from accumulated other comprehensive loss		—
Net current-period other comprehensive loss		(12,433)
Balance at September 30, 2015	$	(18,327)

(1) In the third quarter of 2016, the Company substantially completed the liquidation of its investment in its Israel entity that ceased operations in December 2013. During the Company’s period of ownership and through December 2013, the Company had $1.1 million in accumulated foreign exchange translation gains as a component of equity, which have been reclassified as a gain that reduced other general and administrative expenses in the Condensed Consolidated Statement of Operations.