SANDISK CORP | 2013 | FY | 3

Accumulated Other Comprehensive Income (Loss). AOCI presented in the accompanying Consolidated Balance Sheets consists of unrealized gains and losses on available-for-sale investments, foreign currency translation and hedging activities, net of tax, for all periods presented (in thousands):
 
December 29,
2013
 
December 30,
2012
Accumulated net unrealized gain (loss) on:
 
 
 
Available-for-sale investments
$
10,479

 
$
15,919

Foreign currency translation
(47,440
)
 
155,389

Hedging activities
(39,498
)
 
(6,187
)
Total accumulated other comprehensive income (loss)
$
(76,459
)
 
$
165,121



The amount of income tax (benefit) expense allocated to the unrealized gain (loss) on available-for-sale investments, foreign currency translation and hedging activities was as follows (in thousands):
 
Fiscal years ended
 
December 29,
2013
 
December 30,
2012
 
January 1,
2012
Available-for-sale investments
$
(3,383
)
 
$
3,121

 
$
3,342

Foreign currency translation
(38,006
)
 
(23,791
)
 
10,315

Hedging activities
—

 
—

 
2,504

 
$
(41,389
)
 
$
(20,670
)
 
$
16,161



The significant amounts reclassified out of each component of AOCI were as follows (in thousands):
 
 
Fiscal years ended
 
 
AOCI Component
 
December 29,
2013
 
December 30,
2012
 
January 1,
2012
 
Statement of Operations
 Line Item
Unrealized gain on available-for-sale investments
 
$
2,375

 
$
2,969

 
$
34,549

 
Interest (expense) and other income (expense), net
Tax impact
 
(1,122
)
 
(1,051
)
 
(2,119
)
 
Provision for income taxes
Unrealized gain on available-for-sale investments, net of tax
 
1,253

 
1,918

 
32,430

 
 
 
 
 
 
 
 
 
 
 
Unrealized holding gains (losses) on derivatives:
 
 
 
 
 
 
 
 
Foreign exchange contracts
 
(41,523
)
 
(10,946
)
 
27,985

 
Cost of revenue
Equity market risk contract
 
—

 
—

 
(9,885
)
 
Interest (expense) and other income (expense), net
Tax impact
 
—

 
—

 
2,504

 
Provision for income taxes
Gain (loss) on cash flow hedging activities, net of tax
 
(41,523
)
 
(10,946
)
 
20,604

 
 
Total reclassifications for the period, net of tax
 
$
(40,270
)
 
$
(9,028
)
 
$
53,034

 
 

us-gaap:ComprehensiveIncomeNoteTextBlock