Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income

v3.10.0.1
Accumulated Other Comprehensive Income
9 Months Ended
Sep. 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

 

 

(718)

 

 

936 

 

 

218 

Amounts reclassified from other comprehensive income (loss)

 

 

172 

 

 

(215)

 

 

(43)

Net current period other comprehensive income (loss)

 

 

(546)

 

 

721 

 

 

175 

Balance as of September 30, 2018

 

$

359 

 

$

315 

 

$

674 



 

 

 

 

 

 

 

 

 

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 nine months ended September 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 September 30, 2018

 

For the Nine Months Ended September 30, 2018

Foreign exchange contracts:

 

 

 

 

 

 

Sales

 

$

255 

 

$

(75)

Less: Income tax expense

 

 

19 

 

 

(290)

Amount reclassified, net of tax

 

$

236 

 

$

215 

Foreign currency translation adjustments:

 

 

 

 

 

 

Other, net

 

 

(131)

 

 

(172)

Total reclassifications from AOCI

 

$

105 

 

$

43 



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