Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income

v3.4.0.3
Accumulated Other Comprehensive Income
 3 Months Ended
Mar. 31, 2016
Accumulated Other Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Income

NOTE 9.  ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME



Accumulated other comprehensive (loss) income (“AOCI”) primarily consists of unrealized losses in our marketable securities, foreign currency translation adjustments and changes in our forward foreign exchange contracts.  The components of AOCI, net of tax, were as follows:







 

 

 

 

 

 

 

 

 

 

 

 



 

Unrealized Losses on Marketable Securities

 

Foreign Currency Translation Adjustments

 

Unrealized Gains (Losses) on Cash Flow Hedges

 

Total



 

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2015

 

$

 (107)

 

$

 (1,035)

 

$

 (68)

 

$

 (1,210)

Other comprehensive (loss) income before reclassifications

 

 

 86 

 

 

 708 

 

 

 (853)

 

 

 (59)

Amounts reclassified from other comprehensive loss

 

 

 -

 

 

 (22)

 

 

 141 

 

 

 119 

Net current period other comprehensive (loss) income

 

 

 86 

 

 

 686 

 

 

 (712)

 

 

 60 

Balance as of March 31, 2016

 

$

 (21)

 

$

 (349)

 

$

 (780)

 

$

 (1,150)



 

 

 

 

 

 

 

 

 

 

 

 

The effects on net loss of amounts reclassified from unrealized gains on cash flow hedges for foreign exchange contracts and foreign currency translation adjustments for the three months ended March 31, 2016, were as follows:

















 

 

 

Affected line item in the Condensed Consolidated Statement of Comprehensive Loss

 

Gains (losses) reclassified from AOCI to the Condensed Consolidated Statement of Comprehensive Loss

Foreign exchange contracts:

 

 

 

Sales

 

$

 (141)

Less: Income tax expense

 

 

 -

Amount reclassified, net of tax

 

$

 (141)



 

 

 

Foreign currency translation adjustments:

 

 

 

Other, net

 

$

 22 



 

 

 

Total reclassificaitons from AOCI

 

$

 (119)



The Company’s policy is to classify reclassifications of cumulative foreign currency translation from AOCI to Other, net.