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Other Comprehensive Income (Loss) (Tables)
 9 Months Ended
Sep. 30, 2017
Other Comprehensive Income (Loss) [Abstract]  
Components of Other Comprehensive Income (Loss)

The components of other comprehensive income (loss) and related tax effects for the three and nine month periods ended September 30, 2017 and 2016 are as follows: 



 

 

 

 

 

 

 

 

 

 

 



 

Three months ended September 30, 2017

 

 



 

Gross

 

Tax effect

 

Net of tax

 

 

Interest rate swap amounts reclassified into interest expense

 

$

 511 

 

$

 (135)

 

$

 376 

 

 

Fuel hedge amounts reclassified into cost of operations

 

 

 789 

 

 

 (302)

 

 

 487 

 

 

Changes in fair value of interest rate swaps

 

 

 2,181 

 

 

 (2,542)

 

 

 (361)

 

 

Changes in fair value of fuel hedges

 

 

 2,717 

 

 

 (1,037)

 

 

 1,680 

 

 

Foreign currency translation adjustment

 

 

 84,500 

 

 

-

 

 

 84,500 

 

 



 

$

 90,698 

 

$

 (4,016)

 

$

 86,682 

 

 



 

 

 

 

 

 

 

 

 

 

 





 

 

 

 

 

 

 

 

 

 

 



 

Three months ended September 30, 2016

 

 



 

Gross

 

Tax effect

 

Net of tax

 

 

Interest rate swap amounts reclassified into interest expense

 

$

 1,678 

 

$

 (444)

 

$

 1,234 

 

 

Fuel hedge amounts reclassified into cost of operations

 

 

 1,342 

 

 

 (512)

 

 

 830 

 

 

Changes in fair value of interest rate swaps

 

 

 3,535 

 

 

 (937)

 

 

 2,598 

 

 

Changes in fair value of fuel hedges

 

 

 1,019 

 

 

 (389)

 

 

 630 

 

 

Foreign currency translation adjustment

 

 

 (16,642)

 

 

-

 

 

 (16,642)

 

 



 

$

 (9,068)

 

$

 (2,282)

 

$

 (11,350)

 

 



 

 

 

 

 

 

 

 

 

 

 





 

 

 

 

 

 

 

 

 

 

 



 

Nine months ended September 30, 2017

 

 



 

Gross

 

Tax effect

 

Net of tax

 

 

Interest rate swap amounts reclassified into interest expense

 

$

 2,352 

 

$

 (623)

 

$

 1,729 

 

 

Fuel hedge amounts reclassified into cost of operations

 

 

 2,765 

 

 

 (1,061)

 

 

 1,704 

 

 

Changes in fair value of interest rate swaps

 

 

 305 

 

 

 (81)

 

 

 224 

 

 

Changes in fair value of fuel hedges

 

 

 (1,672)

 

 

 642 

 

 

 (1,030)

 

 

Foreign currency translation adjustment

 

 

 155,153 

 

 

-

 

 

 155,153 

 

 



 

$

 158,903 

 

$

 (1,123)

 

$

 157,780 

 

 



 

 

 

 

 

 

 

 

 

 

 





 

 

 

 

 

 

 

 

 

 

 



 

Nine months ended September 30, 2016

 

 



 

Gross

 

Tax effect

 

Net of tax

 

 

Interest rate swap amounts reclassified into interest expense

 

$

 5,081 

 

$

 (1,743)

 

$

 3,338 

 

 

Fuel hedge amounts reclassified into cost of operations

 

 

 4,616 

 

 

 (1,761)

 

 

 2,855 

 

 

Changes in fair value of interest rate swaps

 

 

 (6,980)

 

 

 3,084 

 

 

 (3,896)

 

 

Changes in fair value of fuel hedges

 

 

 1,343 

 

 

 (502)

 

 

 841 

 

 

Foreign currency translation adjustment

 

 

 (3,991)

 

 

-

 

 

 (3,991)

 

 



 

$

 69 

 

$

 (922)

 

$

 (853)

 

 



 

 

 

 

 

 

 

 

 

 

 



Amounts Included in Accumulated Other Comprehensive Loss

A rollforward of the amounts included in AOCIL, net of taxes, for the nine months ended September 30, 2017 and 2016, is as follows: 



 

 

 

 

 

 

 

 

 

 

 

 



 

Fuel Hedges

 

Interest Rate Swaps

 

Foreign Currency Translation Adjustment

 

Accumulated Other Comprehensive Income (Loss)

Balance at December 31, 2016

 

$

 (164)

 

$

 8,094 

 

$

 (50,931)

 

$

 (43,001)

Amounts reclassified into earnings

 

 

 1,704 

 

 

 1,729 

 

 

-

 

 

 3,433 

Changes in fair value

 

 

 (1,030)

 

 

 224 

 

 

-

 

 

 (806)

Foreign currency translation adjustment

 

 

-

 

 

-

 

 

 155,153 

 

 

 155,153 

Balance at September 30, 2017

 

$

 510 

 

$

 10,047 

 

$

 104,222 

 

$

 114,779 







 

 

 

 

 

 

 

 

 

 

 

 



 

Fuel Hedges

 

Interest Rate Swaps

 

Foreign Currency Translation Adjustment

 

Accumulated Other Comprehensive Income (Loss)

Balance at December 31, 2015

 

$

 (6,134)

 

$

 (6,037)

 

$

-

 

$

 (12,171)

Amounts reclassified into earnings

 

 

 2,855 

 

 

 3,338 

 

 

-

 

 

 6,193 

Changes in fair value

 

 

 841 

 

 

 (3,896)

 

 

-

 

 

 (3,055)

Foreign currency translation adjustment

 

 

-

 

 

-

 

 

 (3,991)

 

 

 (3,991)

Balance at September 30, 2016

 

$

 (2,438)

 

$

 (6,595)

 

$

 (3,991)

 

$

 (13,024)