Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2019

12. Accumulated Other Comprehensive Income (Loss)

The table below presents the changes in accumulated other comprehensive income (loss) (“AOCI”) by component and the reclassifications out of AOCI:

	Changes in Accumulated Other Comprehensive Income (Loss) by Component
	Marketable Securities			Foreign Currency Translation			Total
	(in thousands)
Balance at December 31, 2018	$	(368	)	$	3,515		$	3,147
OCI before reclassifications⁽¹⁾		564			(10,929	)		(10,365	)
Amounts reclassified from AOCI ⁽²⁾		45			—			45
Net current period OCI		609			(10,929	)		(10,320	)
Balance at September 30, 2019	$	241		$	(7,414	)	$	(7,173	)

(1)	Net of tax expense of $0.2 million for gains / losses on marketable securities.

(2)	Realized gains and losses on marketable securities are reclassified from AOCI into other income (expense), net in the consolidated statements of operations.