Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income (Loss)

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Accumulated Other Comprehensive Income (Loss)
 9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
The changes in accumulated other comprehensive income (loss) by component for the nine months ended September 30, 2018 are as follows:
Gains and
Losses on
Cash Flow
Hedges 		 Defined
Benefit
Pension
Plan 		 Total
Accumulated
Other
Comprehensive
Income (Loss) 
(In thousands) 
Balance at December 31, 2017 $ 1,750  $ (443) $ 1,307 
Other comprehensive income (loss) before reclassifications (1)  4,140  —  4,140 
Amounts reclassified out of accumulated other comprehensive income (loss) (2)  33  —  33 
Net current-period other comprehensive income (loss)  4,173  —  4,173 
Balance at September 30, 2018 $ 5,923  $ (443) $ 5,480 
(1) Net of tax expense of $1,551.
(2) Net of tax expense of $12.
See the heading “Derivative Instruments and Hedging Activities” in Note 6, “Long-Term Debt,” for further discussion of Sonic’s cash flow hedges. For further discussion of Sonic’s defined benefit pension plan, see Note 10, “Employee Benefit Plans,” to the consolidated financial statements in Sonic’s Annual Report on Form 10-K for the year ended December 31, 2017.