Quarterly report pursuant to Section 13 or 15(d)

Other Income (Expense), Net

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Other Income (Expense), Net
9 Months Ended
Sep. 30, 2017
Other Income and Expenses [Abstract]  
Other Income (Expense), Net
9. Other Income (Expense), Net

 

For the three months ended September 30, 2017, other income (expense), net was a $3.3 million expense, primarily due to foreign currency exchange losses. For the three months ended September 30, 2016, the $5.3 million expense was due to foreign currency exchange and fuel swap derivative losses. For the nine months ended September 30, 2017, the $11.7 million expense included foreign currency exchange losses partially offset by a gain from an insurance claim. For the nine months ended September 30, 2016, the $13.3 million expense included losses on fuel swap derivatives partially offset by gains on foreign exchange forward derivatives.