Annual report pursuant to Section 13 and 15(d)

Accumulated Other Comprehensive Income

v2.4.1.9
Accumulated Other Comprehensive Income
 12 Months Ended
Dec. 31, 2014
Accumulated Other Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Income

NOTE 11.  ACCUMULATED OTHER COMPREHENSIVE 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, 2013

 

$

 -

 

$
7,174 

 

$
(611)

 

$
6,563 

Other comprehensive (loss) income before reclassifications

 

 
(59)

 

 
(11,418)

 

 
2,741 

 

 
(8,736)

Amounts reclassified from other comprehensive (loss) income

 

 

 -

 

 

 -

 

 
(239)

 

 
(239)

Net current period other comprehensive (loss) income

 

 
(59)

 

 
(11,418)

 

 
2,502 

 

 
(8,975)

Balance as of December 31, 2014

 

$
(59)

 

$
(4,244)

 

$
1,891 

 

$
(2,412)

 

 

 

 

 

 

 

 

 

 

 

 

 

The effects on net income of amounts reclassified from unrealized gains on cash flow hedges for foreign exchange contracts for the year ended December 31, 2014 were as follows:

 

 

 

 

 

 

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

 

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

 

 

 

 

Sales

 

$
228 

Other, net

 

 
153 

Less: Income tax expense

 

 
142 

Amount reclassified, net of tax

 

$
239