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Accumulated other comprehensive (loss) income (Tables)
6 Months Ended
Jun. 30, 2013
Accumulated Other Comprehensive Income

Accumulated other comprehensive income at June 30, 2013 and December 31, 2012 is comprised of the following:

 

     June 30,
2013
    December 31,
2012
 

Currency translation adjustment, net of tax

   $ —        $ 2,488   

Unrealized (losses) gains on available for sale securities, net of tax

     (80 )      12   
  

 

 

   

 

 

 

Total accumulated other comprehensive (loss) income

   $ (80 )    $ 2,500   
  

 

 

   

 

 

 

The following table summarizes the changes in balances of each component of accumulated other comprehensive (loss) income, net of tax as of June 30, 2013.

 

     Currency
translation
adjustment
    Unrealized gains
(losses) on
available for sale
securities
    Total  

Balance as of December 31, 2012

   $ 2,488      $ 12      $ 2,500   
  

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss) before reclassifications

     294        (92 )      202   

Amounts reclassified from accumulated other comprehensive income (loss)

     (2,782 )      —          (2,782 ) 
  

 

 

   

 

 

   

 

 

 

Net current-period other comprehensive loss

     (2,488 )      (92 )      (2,580 ) 
  

 

 

   

 

 

   

 

 

 

Balance as of June 30, 2013

   $ —        $ (80 )    $ (80 ) 
  

 

 

   

 

 

   

 

 

 
Amounts Reclassified Out of Accumulated Other Comprehensive Loss

The table below presents the significant amounts reclassified out of each component of accumulated other comprehensive loss for the period ended June 30, 2013.

 

Type of reclassification    Amount
reclassified from
accumulated other
comprehensive
income
     Affected line item in the condensed
consolidated statement of operations

Currency translation adjustment – reclassification of cumulative currency translation gain

   $ 2,782       Gain on previously held equity interest
  

 

 

    

Total reclassification for the three and six months ended June 30, 2013, net of tax

   $ 2,782