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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2015
Summary of Significant Accounting Policies [Abstract]  
Assets, Liabilities and Net Assets of Company's Venezuelan Subsidiaries

 

 

 

 

 

 

 

Six-month periods ended
June 30,

 

 

2015

 

2014

Venezuelan operations

 

(In thousands)

Net Revenues

 

$            19,669

 

$            35,908

 

 

 

 

 

 

 

 

 

June 30,

 

December 31,

 

 

2015

 

2014

 

 

 

 

 

Assets

 

46,482 

 

75,153 

Liabilities

 

(43,701)

 

(43,359)

Net Assets

 

$              2,781

 

$            31,794

 

Accumulated Other Comprehensive Income

 

 

 

 

 

 

 

June 30,

 

December 31,

 

 

2015

 

2014

 

 

(In thousands)

 

 

 

 

 

Foreign currency translation

 

$              (158,622)

 

$          (134,695)

Unrealized loss on investments

 

(43)

 

(578)

Estimated tax gain on unrealized losses on investments

 

16 

 

199 

 

 

$              (158,649)

 

$          (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

 

(43)

 

(23,927)

 

16 

 

(23,954)

Amount of gain (loss) reclassified from accumulated

 

 

 

 

 

 

 

 

other comprehensive income to net income

 

578 

 

 —

 

(199)

 

379 

Net current period other comprehensive gain (loss)

 

535 

 

(23,927)

 

(183)

 

(23,575)

Balances as of June 30, 2015

 

$                      (43)

 

$          (158,622)

 

$                          16

 

$  (158,649)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount of Gain (Loss)

 

 

 

 

Details about Accumulated

 

Reclassified from

 

 

 

 

Other Comprehensive Income

 

Accumulated Other

 

 

 

 

Components for the six-month

 

Comprehensive

 

Affected Line Item

period ended June 30, 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