Annual report pursuant to Section 13 and 15(d)

Accumulated Other Comprehensive Income

v3.20.4
Accumulated Other Comprehensive Income
12 Months Ended
Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income
NOTE 16—ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Accumulated other comprehensive income (loss) on the 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) attributable to the Company:
(in thousands) Unrealized gains (losses)
on available for
sale securities
Unrealized holding
gains (losses) on
derivative transactions
Foreign currency
translation
adjustments
Total
Balance at January 1, 2018 $ (4) $ (10,716) $ 1,833  $ (8,887)
Other comprehensive income (loss) before reclassifications (56) 23,065  (17,800) 5,209 
Amounts reclassified from accumulated other comprehensive loss(1)
—  130  —  130 
Net other comprehensive income (loss) during the year (56) 23,195  (17,800) 5,339 
Adoption of ASU 2017-12 —  (515) —  (515)
Balance at December 31, 2018 (60) 11,964  (15,967) (4,063)
Other comprehensive income before reclassifications 56  6,669  2,064  8,789 
Amounts reclassified from accumulated other comprehensive loss(1)
—  (9,052) —  (9,052)
Net other comprehensive income (loss) during the year 56  (2,383) 2,064  (263)
Purchase of non-controlling interest —  (99) —  (99)
Balance at December 31, 2019 (4) 9,482  (13,903) (4,425)
Other comprehensive income (loss) before reclassifications (7,218) 24,078  16,864 
Amounts reclassified from accumulated other comprehensive income(1)
—  (11,633) —  (11,633)
Net other comprehensive income (loss) during the year (18,851) 24,078  5,231 
Balance at December 31, 2020 $ —  $ (9,369) $ 10,175  $ 806 
(1) Amounts reclassified are recorded in Net sales, Cost of sales, or Other operating income (expense), net on the Consolidated Statements of Operations. Refer to Note 18 for further information regarding reclassifications.