Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income

v3.8.0.1
Accumulated Other Comprehensive Income
 9 Months Ended
Sep. 30, 2017
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 foreign currency translation adjustments and changes in our forward foreign exchange contracts.  The components of AOCI, net of tax, were as follows:







 

 

 

 

 

 

 

 

 



 

Foreign Currency Translation Adjustments

 

Unrealized Gains (Losses) on Cash Flow Hedges

 

Total



 

 

 

 

 

 

 

 

 

Balance as of December 31, 2016

 

$

 (1,729)

 

$

 724 

 

$

 (1,005)

Other comprehensive income (loss) before reclassifications

 

 

 2,454 

 

 

 (2,177)

 

 

 277 

Amounts reclassified from other comprehensive income (loss)

 

 

 (149)

 

 

 380 

 

 

 231 

Net current period other comprehensive income (loss)

 

 

 2,305 

 

 

 (1,797)

 

 

 508 

Balance as of September 30, 2017

 

$

 576 

 

$

 (1,073)

 

$

 (497)



 

 

 

 

 

 

 

 

 

The effects on net loss of amounts reclassified from unrealized gains (losses) on cash flow hedges for foreign exchange contracts and foreign currency translation adjustments for the three and nine months ended September 30, 2017, were as follows:







 

 

 

 

 

 



 

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

Affected line item in the Condensed Consolidated Statement of Comprehensive Loss

 

For the Three Months Ended September 30, 2017

 

For the Nine Months Ended September 30, 2017

Foreign exchange contracts:

 

 

 

 

 

 

Sales

 

$

 (422)

 

$

 (36)

Less: Income tax expense

 

 

 109 

 

 

 344 

Amount reclassified, net of tax

 

$

 (531)

 

$

 (380)



 

 

 

 

 

 

Foreign currency translation adjustments:

 

 

 

 

 

 

Other, net

 

$

 68 

 

$

 149 



 

 

 

 

 

 

Total reclassifications from AOCI

 

$

 (463)

 

$

 (231)



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