| ACCUMULATED OTHER COMPREHENSIVE LOSS |
ACCUMULATED OTHER COMPREHENSIVE LOSS Accumulated other comprehensive loss, which is included as a component of stockholders’ equity, is comprised of foreign currency translation adjustments and unrealized gains (losses) on cash flow hedges and investments, net of tax. The changes in accumulated other comprehensive income (loss) by component were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Six months ended June 30, 2026 | | Foreign currency translation adjustments(1) | | Unrealized gain (loss) on cash flow hedges | | Unrealized gain (loss) on investments | | Total | | | | | | | | | | (In thousands) | | Balance at January 1, 2026 | $ | (44,516) | | | $ | (552) | | | $ | 218 | | | $ | (44,850) | | | Other comprehensive income (loss) before reclassifications — net of tax | (725) | | | 1,998 | | | (289) | | | 984 | | | Less: amounts reclassified from accumulated other comprehensive income — net of tax | — | | | 296 | | | 11 | | | 307 | | | Net other comprehensive income (loss) | (725) | | | 1,702 | | | (300) | | | 677 | | | Balance at June 30, 2026 | $ | (45,241) | | | $ | 1,150 | | | $ | (82) | | | $ | (44,173) | |
| | | | | | | | | | | | | | | | | | | | | | | | | Six months ended June 30, 2025 | | Foreign currency translation adjustments(1) | | Unrealized gain (loss) on cash flow hedges | | Unrealized gain (loss) on investments | | Total | | | | | | | | | | (In thousands) | | Balance at January 1, 2025 | $ | (118,673) | | | $ | 8,345 | | | $ | 33 | | | $ | (110,295) | | | Other comprehensive income (loss) before reclassifications — net of tax | 79,891 | | | (488) | | | 140 | | | 79,543 | | | Less: amounts reclassified from accumulated other comprehensive income — net of tax | — | | | 4,698 | | | 5 | | | 4,703 | | | Net other comprehensive income (loss) | 79,891 | | | (5,186) | | | 135 | | | 74,840 | | | Balance at June 30, 2025 | $ | (38,782) | | | $ | 3,159 | | | $ | 168 | | | $ | (35,455) | |
(1)Taxes are not provided for the currency translation adjustments related to the undistributed earnings of foreign subsidiaries that are intended to be indefinitely reinvested.
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