| Accumulated Other Comprehensive Income |
|
|
|
| NOTE 8 — ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) |
Accumulated other comprehensive income (loss) on the unaudited Condensed Consolidated Balance Sheets is net of applicable taxes, and consists of unrealized gains and losses on available-for-sale securities, unrealized gains and losses on certain derivative transactions and foreign currency translation adjustments.
The following tables set forth the changes in Accumulated other comprehensive income (loss):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (in thousands) |
|
|
Derivative transactions |
|
Foreign currency
translation
adjustments |
|
Total |
Balance as of June 30, 2024 |
|
|
$ |
17,523 |
|
|
$ |
(72,533) |
|
|
$ |
(55,010) |
|
| Other comprehensive income (loss) before reclassifications |
|
|
(9,895) |
|
|
20,477 |
|
|
10,582 |
|
Amounts reclassified from accumulated other comprehensive loss (1)
|
|
|
(5,010) |
|
|
— |
|
|
(5,010) |
|
| Net other comprehensive income (loss) during the period |
|
|
(14,905) |
|
|
20,477 |
|
|
5,572 |
|
Balance as of September 30, 2024 |
|
|
$ |
2,618 |
|
|
$ |
(52,056) |
|
|
$ |
(49,438) |
|
(1) Amounts reclassified are recorded in Net sales, Cost of sales, or Other non-operating income (expense), net on the unaudited Condensed Consolidated Statements of Operations. Refer to Note 10 for further information regarding reclassifications.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (in thousands) |
|
|
|
Derivative transactions |
|
Foreign currency
translation
adjustments |
|
Total |
Balance as of June 30, 2023 |
|
|
|
$ |
15,643 |
|
|
$ |
(56,975) |
|
|
$ |
(41,332) |
|
| Other comprehensive income (loss) before reclassifications |
|
|
|
9,876 |
|
|
(9,659) |
|
|
217 |
|
Amounts reclassified from accumulated other comprehensive loss (1)
|
|
|
|
(6,283) |
|
|
— |
|
|
(6,283) |
|
| Net other comprehensive income (loss) during the period |
|
|
|
3,593 |
|
|
(9,659) |
|
|
(6,066) |
|
Balance as of September 30, 2023 |
|
|
|
$ |
19,236 |
|
|
$ |
(66,634) |
|
|
$ |
(47,398) |
|
(1) Amounts reclassified are recorded in Net sales, Cost of sales, or Other non-operating income (expense), net on the unaudited Condensed Consolidated Statements of Operations. Refer to Note 10 for further information regarding reclassifications.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (in thousands) |
|
Available-for-
sale securities |
|
Derivative transactions |
|
Foreign currency
translation
adjustments |
|
Total |
Balance as of December 31, 2023 |
|
$ |
145 |
|
|
$ |
3,689 |
|
|
$ |
(49,670) |
|
|
$ |
(45,836) |
|
| Other comprehensive income (loss) before reclassifications |
|
— |
|
|
7,283 |
|
|
(2,386) |
|
|
4,897 |
|
Amounts reclassified from accumulated other comprehensive loss (1)
|
|
(145) |
|
|
(8,354) |
|
|
— |
|
|
(8,499) |
|
| Net other comprehensive loss during the period |
|
(145) |
|
|
(1,071) |
|
|
(2,386) |
|
|
(3,602) |
|
Balance as of September 30, 2024 |
|
$ |
— |
|
|
$ |
2,618 |
|
|
$ |
(52,056) |
|
|
$ |
(49,438) |
|
(1) Amounts reclassified are recorded in Net sales, Cost of sales, or Other non-operating income (expense), net on the unaudited Condensed Consolidated Statements of Operations. Refer to Note 10 for further information regarding reclassifications.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (in thousands) |
|
|
|
Derivative transactions |
|
Foreign currency
translation
adjustments |
|
Total |
Balance as of December 31, 2022 |
|
|
|
$ |
21,790 |
|
|
$ |
(52,427) |
|
|
$ |
(30,637) |
|
| Other comprehensive income (loss) before reclassifications |
|
|
|
10,602 |
|
|
(14,207) |
|
|
(3,605) |
|
Amounts reclassified from accumulated other comprehensive loss (1)
|
|
|
|
(13,156) |
|
|
— |
|
|
(13,156) |
|
| Net other comprehensive loss during the period |
|
|
|
(2,554) |
|
|
(14,207) |
|
|
(16,761) |
|
Balance as of September 30, 2023 |
|
|
|
$ |
19,236 |
|
|
$ |
(66,634) |
|
|
$ |
(47,398) |
|
(1) Amounts reclassified are recorded in Net sales, Cost of sales, or Other non-operating income (expense), net on the unaudited Condensed Consolidated Statements of Operations. Refer to Note 10 for further information regarding reclassifications.
|