Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income (Loss)

v3.21.2
Accumulated Other Comprehensive Income (Loss)
 9 Months Ended
Sep. 30, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income (Loss)
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 September 30, 2021:
(in thousands) Unrealized holding
gains (losses) on
derivative transactions		 Foreign currency
 translation
adjustments		 Total
Balance at June 30, 2021
 $ (4,357) $ 2,201  $ (2,156)
Other comprehensive income (loss) before reclassifications 8,170  (11,422) (3,252)
Amounts reclassified from accumulated other comprehensive income (loss)(1)
2,382  —  2,382 
Net other comprehensive income (loss) during the year 10,552  (11,422) (870)
Balance at September 30, 2021
 $ 6,195  $ (9,221) $ (3,026)
(1) Amounts reclassified are recorded in Net sales, Cost of sales, or Other non-operating income (expense) 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 September 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 June 30, 2020
 $ (4) $ 16,145  $ (22,001) $ (5,860)
Other comprehensive income (loss) before reclassifications —  (6,398) 11,175  4,777 
Amounts reclassified from accumulated other comprehensive income (loss)(1)
—  (5,287) —  (5,287)
Net other comprehensive income (loss) during the year —  (11,685) 11,175  (510)
Balance at September 30, 2020
 $ (4) $ 4,460  $ (10,826) $ (6,370)
(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 nine months ended September 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 13,547  (19,396) (5,849)
Amounts reclassified from accumulated other comprehensive income (loss)(1)
2,017  —  2,017 
Net other comprehensive income (loss) during the year 15,564  (19,396) (3,832)
Balance at September 30, 2021
 $ 6,195  $ (9,221) $ (3,026)
(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 nine months ended September 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 before reclassifications —  4,617  3,077  7,694 
Amounts reclassified from accumulated other comprehensive income (loss)(1)
—  (9,639) —  (9,639)
Net other comprehensive income (loss) during the year —  (5,022) 3,077  (1,945)
Balance at September 30, 2020
 $ (4) $ 4,460  $ (10,826) $ (6,370)
(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.