Accumulated Other Comprehensive Loss
|3 Months Ended|
Mar. 31, 2019
|Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]|
|Accumulated Other Comprehensive Loss||
NOTE 13 - ACCUMULATED OTHER COMPREHENSIVE LOSS
Comprehensive loss includes net loss and unrealized gains or losses on available-for-sale investments and foreign currency translation gains and losses. Cumulative unrealized gains and losses on available-for-sale investments are reflected as accumulated other comprehensive loss in stockholders’ equity on the Company’s Condensed Consolidated Balance Sheets.
The accumulated balances for each classification of other comprehensive loss for the three-month period ended March 31, 2019 are as follows:
The accumulated balances for each classification of other comprehensive loss for the three-month period ended March 31, 2018 are as follows:
Income and expense accounts of foreign operations are translated at actual or weighted-average exchange rates during the period. Assets and liabilities of foreign operations that operate in a local currency environment are translated to U.S. dollars at the exchange rates in effect at the balance sheet date. Translation gains or losses are reported as components of accumulated other comprehensive income or loss in consolidated stockholders’ equity. Net translation gains or losses resulting from the translation of foreign currency financial statements and the effect of exchange rate changes on intercompany transactions of a long-term investment nature with IDS GmbH resulted in translation losses of $(137,000) and $(12,000) for the three-month periods ended March 31, 2018 and 2019, respectively, which are included in comprehensive loss in the Consolidated Statement of Changes in Stockholders’ Equity. Effective December 1, 2015, the intercompany transactions with IDS GmbH are not considered of a long-term investment nature and the effect of the exchange rate changes subsequent to December 1, 2015 on the intercompany transactions are included selling, general and administrative expenses in the Condensed Consolidated Statement of Operations.
Gains and losses resulting from foreign currency transactions are included in determining net income or loss. Foreign currency transactions gains (losses) for the three-month periods ended March 31, 2018 and 2019 of $181,000 and $(26,000), respectively, are included in selling, general and administrative expenses in the Condensed Consolidated Statement of Operations.
The entire disclosure for tabular information relating to Other Comprehensive Income (OCI) as is applicable to noncontrolling interests. This text block may also include OCI relative to the filing entity, the aforementioned noncontrolling interest OCI, as well as OCI on a consolidated basis.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef