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Other Comprehensive Income and Accumulated Other Comprehensive Loss
3 Months Ended
Mar. 31, 2013
Other Comprehensive Income and Accumulated Other Comprehensive Loss  
Other Comprehensive Income and Accumulated Other Comprehensive Loss

4.              Other Comprehensive Income and Accumulated Other Comprehensive Loss

 

Our other comprehensive income, consisting of foreign currency translation adjustments related to our subsidiaries that have a functional currency other than the U.S. dollar and cash flow hedges, was as follows (in thousands):

 

 

 

Foreign

 

 

 

 

 

 

 

Currency

 

 

 

 

 

 

 

Translation

 

Cash

 

 

 

 

 

Adjustments

 

Flow Hedges

 

Total

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2012

 

$

(16,130

)

$

112

 

$

(16,018

)

Other comprehensive income (loss)

 

1,109

 

(69

)

1,040

 

Balance as of March 31, 2013

 

$

(15,021

)

$

43

 

$

(14,978

)

 

The foreign currency translation adjustment gains for the three months ended March 31, 2013 were primarily due to the strengthening of the Brazilian Real as compared to the U.S. dollar.

 

Additional information relating to our cash flow hedges for the periods presented is included in Note 2 - Derivatives.