Annual report pursuant to Section 13 and 15(d)

Accumulated Other Comprehensive Income

v3.8.0.1
Accumulated Other Comprehensive Income
12 Months Ended
Dec. 31, 2017
Accumulated Other Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Income

NOTE 9.  ACCUMULATED OTHER COMPREHENSIVE INCOME



Accumulated other comprehensive income (loss) (“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

 

 

2,836 

 

 

(2,210)

 

 

626 

Amounts reclassified from other comprehensive income (loss)

 

 

(202)

 

 

1,080 

 

 

878 

Net current period other comprehensive income (loss)

 

 

2,634 

 

 

(1,130)

 

 

1,504 

Balance as of December 31, 2017

 

$

905 

 

$

(406)

 

$

499 



 

 

 

 

 

 

 

 

 

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 year ended December 31, 2017 were as follows:







 

 

 

Affected line item in the Condensed Consolidated Statement of Comprehensive Income (Loss)

 

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

Foreign exchange contracts:

 

 

 

Sales

 

$

(450)

Less: Income tax expense

 

 

630 

Amount reclassified, net of tax

 

 

(1,080)

Foreign currency translation adjustments:

 

 

 

Other, net

 

 

202 

Total reclassifications from AOCI

 

$

(878)



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