XML 60 R20.htm IDEA: XBRL DOCUMENT v3.19.3
COMPREHENSIVE INCOME (LOSS)
 9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
COMPREHENSIVE INCOME (LOSS) COMPREHENSIVE INCOME (LOSS)

Comprehensive income (loss) was as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
 
(In thousands)
Net income (loss)
$
(27,610
)
 
$
13,295

 
$
34,882

 
$
35,663

Foreign currency translation adjustment
(18,651
)
 
(2,353
)
 
(17,960
)
 
(16,359
)
Change in unrealized gain (loss) on derivatives, net of tax
(775
)
 
1,386

 
(24,714
)
 
14,419

Pension liability adjustment, net of tax
515

 
2

 
504

 
8

Comprehensive income (loss), net
$
(46,521
)
 
$
12,330

 
$
(7,288
)
 
$
33,731


Changes in accumulated other comprehensive loss by component between December 31, 2018 and September 30, 2019 are presented in the table below, net of tax:
 
 
Gains and Losses on Derivatives
 
Defined Benefit Pension Items
 
Foreign Currency Items
 
Total
 
 
(In thousands)
Balance at January 1, 2019
 
$
(4,813
)
 
$
(736
)
 
$
(39,894
)
 
$
(45,443
)
Other comprehensive loss
 
(9,763
)
 
(2
)
 
(17,963
)
 
(27,728
)
Amounts reclassified from accumulated other comprehensive loss
 
14,950

 
(506
)
 
—

 
14,444

Net current-period other comprehensive income (loss)
 
(24,713
)
 
504

 
(17,963
)
 
(42,172
)
Balance at September 30, 2019
 
$
(29,526
)
 
$
(232
)
 
$
(57,857
)
 
$
(87,615
)

For the nine months ended September 30, 2019, the Company reclassified gains of $7.2 million and $7.8 million from accumulated other comprehensive loss to other income, net, and interest income, respectively.