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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2015
Summary of Significant Accounting Policies [Abstract]  
Assets, Liabilities and Net Assets of Company's Venezuelan Subsidiaries

 

 

 

 

 

 

 

Three-month periods ended
March 31,

 

 

2015

 

2014

Venezuelan operations

 

(In thousands)

Net Revenues

 

$            13,955

 

$            19,357

 

 

 

 

 

 

 

 

 

March 31,

 

December 31,

 

 

2015

 

2014

 

 

 

 

 

Assets

 

41,587 

 

75,153 

Liabilities

 

(38,565)

 

(43,359)

Net Assets

 

$              3,022

 

$            31,794

 

Accumulated Other Comprehensive Income

 

 

 

 

 

 

 

March 31,

 

December 31,

 

 

2015

 

2014

 

 

(In thousands)

 

 

 

 

 

Foreign currency translation

 

$              (157,225)

 

$          (134,695)

Unrealized gain (loss) on investments

 

396 

 

(578)

Estimated tax (loss) gain on unrealized gains on investments

 

(135)

 

199 

 

 

$              (156,964)

 

$          (135,074)

 

Summary of Changes in Accumulated Balances of Other Comprehensive Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized

 

Foreign

 

Estimated tax

 

 

 

 

Gains (Losses) on

 

Currency

 

(expense)

 

 

 

 

Investments

 

Translation

 

benefit

 

Total

 

 

(In thousands)

Balances as of December 31, 2014

 

$                    (578)

 

$          (134,695)

 

$                        199

 

$  (135,074)

Other comprehensive loss before reclassification

 

 

 

 

 

 

 

 

adjustments for gains on available for sale investments

 

396 

 

(22,530)

 

(135)

 

(22,269)

Amount of gain (loss) reclassified from accumulated

 

 

 

 

 

 

 

 

other comprehensive income to net income

 

578 

 

 —

 

(199)

 

379 

Net current period other comprehensive loss

 

974 

 

(22,530)

 

(334)

 

(21,890)

Balances as of March 31, 2015

 

$                      396

 

$          (157,225)

 

$                      (135)

 

$  (156,964)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount of Gain (Loss)

 

 

 

 

Details about Accumulated

 

Reclassified from

 

 

 

 

Other Comprehensive Income

 

Accumulated Other

 

 

 

 

Components for the three-month

 

Comprehensive

 

Affected Line Item

period ended March 31, 2015

 

Income

 

in the Statement of Income

 

 

(In thousands)

 

 

 

 

Unrealized losses on investments

 

$                    (578)

 

Interest income and other financial gains

 

 

Estimated tax gain on unrealized losses on investments

 

199 

 

Income / asset tax expense

Total reclassifications for the period

 

$                    (379)

 

Total, net of income taxes