The table below presents the change in each component of AOCI, net of tax, and the reclassifications out of AOCI into net earnings for the nine months ended September 30, 2017 and September 30, 2016 (in thousands):



	Change in Unrealized Gain (Loss) on Derivatives			Foreign Currency Translation Adjustments Gain (Loss) ⁽¹⁾			Total
As of December 31, 2016	$	3,619		$	(72,106	)	$	(68,487	)
Other comprehensive (loss) income before reclassifications, before tax	(10,124		)	111,123			100,999
Tax benefit	2,784			—			2,784
Other comprehensive (loss) income before reclassifications, net of tax	(7,340		)	111,123			103,783
Reclassification of loss from accumulated other comprehensive income, before tax	4,201			—			4,201
Tax benefit	(1,028		)	—			(1,028		)
Reclassification of loss from accumulated other comprehensive income, after tax	3,173			—			3,173
Net current-period other comprehensive (loss) income, net of tax	(4,167		)	111,123			106,956
As of September 30, 2017	$	(548	)	$	39,017		$	38,469

As of December 31, 2015	$	888		$	(55,116	)	$	(54,228	)
Other comprehensive (loss) income before reclassifications, before tax	(5,970		)	32,598			26,628
Tax benefit	1,792			—			1,792
Other comprehensive (loss) income before reclassifications, net of tax	(4,178		)	32,598			28,420
Reclassification of loss from accumulated other comprehensive income, before tax	746			—			746
Tax benefit	(279		)	—			(279		)
Reclassification of loss from accumulated other comprehensive income, after tax	467			—			467
Net current-period other comprehensive (loss) income, net of tax	(3,711		)	32,598			28,887
As of September 30, 2016	$	(2,823	)	$	(22,518	)	$	(25,341	)


(1)	Taxes are not provided for foreign currency translation adjustments as translation adjustments are related to earnings that are intended to be reinvested in the countries where earned.