Comprehensive Income

12 Months Ended

Dec. 31, 2016

Comprehensive Income [Abstract]

Comprehensive Income

Note 10 – Comprehensive income

Our comprehensive income is comprised of net income, foreign currency translation, unrealized gains and losses on forward and option contracts and securities classified as available-for-sale. The accumulated other comprehensive income, net of tax, for the years ended December 31, 2016 and 2015, consisted of the following:  

		December 31, 2016
(In thousands)		Currency translation adjustment		Investments		Derivative instruments		Accumulated other comprehensive income (loss)
Balance as of December 31, 2015	$	(31,871)	$	(857)	$	(5,362)	$	(38,090)
Current-period other comprehensive income		(5,697)		210		10,668		5,181
Reclassified from accumulated OCI into income		-		-		2,498		2,498
Income tax benefit (expense)		394		(22)		(4,582)		(4,210)
Balance as of December 31, 2016	$	(37,174)	$	(669)	$	3,222	$	(34,621)

		December 31, 2015
(In thousands)		Currency translation adjustment		Investments		Derivative instruments		Accumulated other comprehensive income (loss)
Balance as of December 31, 2014	$	(17,304)	$	(1,399)	$	7,039	$	(11,664)
Current-period other comprehensive income		(19,240)		701		416		(18,123)
Reclassified from accumulated OCI into income		-		-		(19,428)		(19,428)
Income tax (benefit) expense		4,673		(159)		6,611		11,125
Balance as of December 31, 2015	$	(31,871)	$	(857)	$	(5,362)	$	(38,090)