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OTHER COMPREHENSIVE (LOSS) INCOME
 3 Months Ended
Mar. 31, 2020
OTHER COMPREHENSIVE (LOSS) INCOME
4.
OTHER COMPREHENSIVE (LOSS) INCOME
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other comprehensive (loss) income consists of the foreign currency translation adjustment associated with our Canadian operations’ use of the Canadian dollar as their functional currency and changes in the unrealized gains (losses) on cash flow hedging instruments. The tax effects allocated to each component of other comprehensive (loss) income were as follows:
                 
Quarters Ended March 31,
 
2020
 
  
2019
 
Foreign currency translation adjustment
 
$
(21,929
)
 
   $
5,005
  
 
 
 
 
 
 
 
 
 
Unrealized gain (loss) on cash flow hedging instruments
 
 
3,473
      
(735
 )
Income tax (expense) benefit
 
 
(939
)
 
    
199
  
                 
Unrealized gain (loss) on cash flow hedging instruments, net of tax
 
 
2,534
      
(536
 )
                 
 
 
 
 
 
 
 
 
 
Reclassification of loss (gain) on cash flow hedging instruments into earnings
 
 
157
     
(375
 )
Income tax (benefit) expense
 
 
(42
)
 
    
101
  
                 
Reclassification of loss (gain) on cash flow hedging instruments into earnings, net of tax
 
 
115
      
(274
 )
                 
 
 
 
 
 
 
 
 
 
Other comprehensive (loss) income
 
$
(19,280
)
 
   $
4,195
 
                 
 
 
 
 
 
 
 
 
 
 
 
 
The changes in each component of accumulated other comprehensive loss, net of tax, were as follows:
                 
Quarters Ended March 31,
 
2020
 
  
2019
 
Foreign currency translation adjustment:
   
     
 
Beginning balance
 
$
 
(38,599
)
   $
(46,604
 )
Current period other comprehensive (loss) income
 
 
(14,328
)
 
    
3,269
  
                 
Ending balance
 
 
(52,927
)
   
(43,335
 )
                 
Cash flow hedging instruments:
   
     
 
Beginning balance
 
 
(451
)
 
    
636
  
Current period other comprehensive
income
(loss)
 
 
1,520
      
(322
 )
Reclassification adjustment
 
 
69
      
(164
 )
                 
Ending balance
 
 
1,138
 
    
150
  
                 
Accumulated other comprehensive loss, net of tax
 
$
(51,789
)
   $
(43,185
 )