ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

3 Months Ended

Mar. 31, 2015

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [ABSTRACT]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

(13) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table presents changes in the accumulated balance for each component of other comprehensive income (loss), including current period other comprehensive income (loss) and reclassifications out of accumulated other comprehensive income (loss) (in thousands):

			Foreign Currency Translation Adjustment		Derivative Valuation, Net of Tax		Other, Net of Tax		Totals

Accumulated other comprehensive income
	(loss) at December 31, 2014		$	(33,352)	$	(18,345)	$	(577)	$	(52,274)

	Other comprehensive income (loss) before reclassifications			(10,999)		(1,291)		(2,841)		(15,131)
	Amounts reclassified from accumulated other
		comprehensive income (loss)		-		1,139		246		1,385
		Net current period other comprehensive income (loss)		(10,999)		(152)		(2,595)		(13,746)

Accumulated other comprehensive income
	(loss) at March 31, 2015		$	(44,351)	$	(18,497)	$	(3,172)	$	(66,020)

Accumulated other comprehensive income
	(loss) at December 31, 2013		$	(10,581)	$	(8,352)	$	(1,653)	$	(20,586)

	Other comprehensive income (loss) before reclassifications			(1,758)		(3,649)		187		(5,220)
	Amounts reclassified from accumulated other
		comprehensive income (loss)		-		1,115		89		1,204
		Net current period other comprehensive income (loss)		(1,758)		(2,534)		276		(4,016)

Accumulated other comprehensive income
	(loss) at March 31, 2014		$	(12,339)	$	(10,886)	$	(1,377)	$	(24,602)

The following table presents the classification and amount of the reclassifications from accumulated other comprehensive income (loss) to the statement of comprehensive income (in thousands):

			For the Three Months Ended
			March 31, 2015		March 31, 2014		Statement of Comprehensive Income Classification

Derivative valuation
	Gain (loss) on foreign currency forward
		exchange contracts	$	(1,708)	$	(1,570)	Revenue
	Loss on interest rate swaps			(257)		(258)	Interest expense
	Tax effect			826		713	Provision for income taxes
			$	(1,139)	$	(1,115)	Net income (loss)

Other
	Actuarial loss on defined benefit plan		$	(274)	$	(95)	Cost of services
	Tax effect			28		6	Provision for income taxes
			$	(246)	$	(89)	Net income (loss)