XML 62 R46.htm IDEA: XBRL DOCUMENT v3.8.0.1
Accumulated Other Comprehensive Income (Loss) (Tables)
 12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Schedule of the changes in the components of accumulated other comprehensive income (loss) balances
The following table presents the changes in the components of AOCI balances for the years ended December 31, 2017, 2016 and 2015:
 
($ in thousands)
 
Year Ended December 31,
 
2017
 
2016
 
2015
 
Available-
for-Sale
Investment
Securities
 
Foreign
Currency
Translation
Adjustments (1)
 
Total
 
Available-
for-Sale
Investment
Securities
 
Foreign
Currency
Translation
Adjustments (1)
 
Total
 
Available-
for-Sale
Investment
Securities
 
Foreign
Currency
Translation
Adjustments (1)
 
Total
Beginning balance
 
$
(28,772
)
 
$
(19,374
)
 
$
(48,146
)
 
$
(6,144
)
 
$
(8,797
)
 
$
(14,941
)
 
$
4,237

 
$
—

 
$
4,237

Net unrealized gains (losses) arising during the period
 
2,531

 
12,753

 
15,284

 
(16,623
)
 
(10,577
)
 
(27,200
)
 
13,012

 
(8,797
)
 
4,215

Amounts reclassified from AOCI
 
(4,657
)
 
—

 
(4,657
)
 
(6,005
)
 
—

 
(6,005
)
 
(23,393
)
 
—

 
(23,393
)
Changes, net of taxes
 
(2,126
)
 
12,753

 
10,627

 
(22,628
)
 
(10,577
)
 
(33,205
)
 
(10,381
)

(8,797
)
 
(19,178
)
Ending balance
 
$
(30,898
)
 
$
(6,621
)
 
$
(37,519
)
 
$
(28,772
)
 
$
(19,374
)
 
$
(48,146
)
 
$
(6,144
)

$
(8,797
)
 
$
(14,941
)
 
(1)
Represents foreign currency translation adjustments related to the Company’s net investment in non-U.S. operations, including related hedges. The functional currency and reporting currency of the Company’s foreign subsidiary was RMB and USD, respectively.
Schedule of components of other comprehensive income (loss), reclassifications to net income and the related tax effects
The following table presents the components of other comprehensive income (loss), reclassifications to net income and the related tax effects for the years ended December 31, 2017, 2016 and 2015:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
($ in thousands)
 
Year Ended December 31,
 
2017
 
2016
 
2015
 
Before -
Tax
 
Tax
Effect
 
Net-of-
Tax
 
Before -
Tax
 
Tax
Effect
 
Net-of-
Tax
 
Before -
Tax
 
Tax
Effect
 
Net-of-
Tax
Available-for-sale investment securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net unrealized gains (losses) arising during the period
 
$
4,368

 
$
(1,837
)
 
$
2,531

 
$
(28,681
)
 
$
12,058

 
$
(16,623
)
 
$
22,454

 
$
(9,442
)
 
$
13,012

Net realized gains reclassified into net income (1)
 
(8,037
)
 
3,380

 
(4,657
)
 
(10,362
)
 
4,357

 
(6,005
)
 
(40,367
)
 
16,974

 
(23,393
)
Net change
 
(3,669
)
 
1,543

 
(2,126
)
 
(39,043
)
 
16,415

 
(22,628
)
 
(17,913
)
 
7,532

 
(10,381
)
Foreign currency translation adjustments:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net unrealized gains (losses) arising during period
 
12,753

 
—

 
12,753

 
(10,577
)
 
—

 
(10,577
)
 
(8,797
)
 
—

 
(8,797
)
Net change
 
12,753

 
—

 
12,753

 
(10,577
)
 
—

 
(10,577
)
 
(8,797
)
 
—

 
(8,797
)
Other comprehensive income (loss)
 
$
9,084

 
$
1,543

 
$
10,627

 
$
(49,620
)
 
$
16,415

 
$
(33,205
)
 
$
(26,710
)
 
$
7,532

 
$
(19,178
)
 
(1)
For the years ended December 31, 2017, 2016 and 2015, pre-tax amounts were reported in Net gains on sales of available-for-sale investment securities on the Consolidated Statement of Income.