3.	OTHER COMPREHENSIVE INCOME (LOSS)

Other comprehensive income (loss) consists of the foreign currency translation adjustment associated with our Canadian operations’ use of the Canadian dollar as its functional currency and changes in the unrealized (losses) gains on cash flow hedging instruments and available-for-sale securities. The tax effects allocated to each component of other comprehensive income (loss) were as follows:


	Quarter Ended September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
Foreign currency translation adjustment	$	9,385		$	(3,453	)	$	17,310		$	11,433
Unrealized (loss) gain on cash flow hedging instruments		(1,280	)		536			(1,399	)		(2,033	)
Income tax benefit (expense)		346			(145	)		378			549

Unrealized (loss) gain on cash flow hedging instruments, net of tax		(934	)		391			(1,021	)		(1,484	)


Reclassification of loss (gain) on cash flow hedging instruments into earnings		88			129			(1,092	)		674
Income tax (benefit) expense		(24	)		(35	)		295			(182	)

Reclassification of loss (gain) on cash flow hedging instruments into earnings, net of tax		64			94			(797	)		492


Unrealized gain on available-for-sale securities		20			19			25			4
Income tax expense		(7	)		(7	)		(9	)		(1	)

Unrealized gain on available-for-sale securities, net of tax		13			12			16			3


Other comprehensive income (loss)	$	8,528		$	(2,956	)	$	15,508		$	10,444

The changes in each component of accumulated other comprehensive loss, net of tax, were as follows:


*Nine Months Ended September 30,*	2017			2016
Foreign currency translation adjustment:
Beginning balance	$	(43,459	)	$	(47,204	)
Current period other comprehensive income		10,733			6,964

Ending balance		(32,726	)		(40,240	)


Cash flow hedging instruments:
Beginning balance		215			600
Current period other comprehensive loss		(613	)		(890	)
Less reclassification adjustment		(478	)		295

Ending balance		(876	)		5


Available-for-sale securities:
Beginning balance		(286	)		(300	)
Current period other comprehensive income		16			3

Ending balance		(270	)		(297	)

Accumulated other comprehensive loss, net of tax	$	(33,872	)	$	(40,532	)