Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income

v3.10.0.1
Accumulated Other Comprehensive Income
6 Months Ended
Jun. 30, 2018
Accumulated Other Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Income

NOTE 8.  ACCUMULATED OTHER COMPREHENSIVE INCOME



Accumulated other comprehensive 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, 2017

 

$

905 

 

$

(406)

 

$

499 

Other comprehensive income (loss) before reclassifications

 

 

(533)

 

 

893 

 

 

360 

Amounts reclassified from other comprehensive income (loss)

 

 

41 

 

 

21 

 

 

62 

Net current period other comprehensive income

 

 

(492)

 

 

914 

 

 

422 

Balance as of June 30, 2018

 

$

413 

 

$

508 

 

$

921 



 

 

 

 

 

 

 

 

 

The effects on net income of amounts reclassified from unrealized gains (losses) on cash flow hedges for foreign exchange contracts and foreign currency translation adjustments for the three and six months ended June 30, 2018, were as follows:







 

 

 

 

 

 



 

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

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

 

For the Three Months Ended June 30, 2018

 

For the Six Months Ended June 30, 2018

Foreign exchange contracts:

 

 

 

 

 

 

Sales

 

$

(5)

 

$

(330)

Less: Income tax expense

 

 

(250)

 

 

(309)

Amount reclassified, net of tax

 

$

245 

 

 

(21)

Foreign currency translation adjustments:

 

 

 

 

 

 

Other, net

 

$

(172)

 

 

(41)

Total reclassifications from AOCI

 

$

73 

 

$

(62)



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