Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income

v3.21.2
Accumulated Other Comprehensive Income
6 Months Ended
Jun. 30, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income
NOTE 10—ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Accumulated other comprehensive income (loss) on the Condensed Consolidated Balance Sheets is net of applicable taxes, and consists of unrealized holding gains and losses on available-for-sale securities, unrealized gains and losses on certain derivative transactions and foreign currency translation adjustments.
The following table sets forth the changes in Accumulated other comprehensive income (loss) for the three months ended June 30, 2021:
(in thousands) Unrealized holding
gains (losses) on
derivative transactions
Foreign currency
 translation
adjustments
Total
Balance at March 31, 2021
$ (806) $ (3,029) $ (3,835)
Other comprehensive income (loss) before reclassifications (3,903) 5,230  1,327 
Amounts reclassified from accumulated other comprehensive income (loss)(1)
352  —  352 
Net other comprehensive income (loss) during the year (3,551) 5,230  1,679 
Balance at June 30, 2021
$ (4,357) $ 2,201  $ (2,156)
(1) Amounts reclassified are recorded in Net sales or Cost of sales on the Condensed Consolidated Statements of Operations. Refer to Note 12 for further information regarding reclassifications.
The following table sets forth the changes in Accumulated other comprehensive income (loss) for the three months ended June 30, 2020:
(in thousands) Unrealized gains (losses)
on available for
sale securities
Unrealized holding
gains (losses) on
derivative transactions
Foreign currency
 translation
adjustments
Total
Balance at March 31, 2020
$ (4) $ 21,007  $ (28,977) $ (7,974)
Other comprehensive income (loss) before reclassifications —  (3,347) 6,976  3,629 
Amounts reclassified from accumulated other comprehensive income (loss)(1)
—  (1,515) —  (1,515)
Net other comprehensive income (loss) during the year —  (4,862) 6,976  2,114 
Balance at June 30, 2020
$ (4) $ 16,145  $ (22,001) $ (5,860)
(1) Amounts reclassified are recorded in Net sales, Cost of sales, or Other non-operating income (expense), net on the Condensed Consolidated Statements of Operations. Refer to Note 12 for further information regarding reclassifications.
The following table sets forth the changes in Accumulated other comprehensive income (loss) for the six months ended June 30, 2021:
(in thousands) Unrealized holding
gains (losses) on
derivative transactions
Foreign currency
 translation
adjustments
Total
Balance at December 31, 2020
$ (9,369) $ 10,175  $ 806 
Other comprehensive income (loss) before reclassifications 5,376  (7,974) (2,598)
Amounts reclassified from accumulated other comprehensive income (loss)(1)
(364) —  (364)
Net other comprehensive income (loss) during the year 5,012  (7,974) (2,962)
Balance at June 30, 2021
$ (4,357) $ 2,201  $ (2,156)
(1) Amounts reclassified are recorded in Net sales, Cost of sales, or Other non-operating income (expense), net on the Condensed Consolidated Statements of Operations. Refer to Note 12 for further information regarding reclassifications.
The following table sets forth the changes in Accumulated other comprehensive income (loss) for the six months ended June 30, 2020:
(in thousands) Unrealized gains (losses)
on available for
sale securities
Unrealized holding
gains (losses) on
derivative transactions
Foreign currency
 translation
adjustments
Total
Balance at December 31, 2019
$ (4) $ 9,482  $ (13,903) $ (4,425)
Other comprehensive income (loss) before reclassifications —  11,015  (8,098) 2,917 
Amounts reclassified from accumulated other comprehensive income (loss)(1)
—  (4,352) —  (4,352)
Net other comprehensive income (loss) during the year —  6,663  (8,098) (1,435)
Balance at June 30, 2020
$ (4) $ 16,145  $ (22,001) $ (5,860)
(1) Amounts reclassified are recorded in Net sales, Cost of sales, or Other non-operating income (expense), net on the Condensed Consolidated Statements of Operations. Refer to Note 12 for further information regarding reclassifications.