Components of Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2013

Components of Accumulated Other Comprehensive Income

Components of Accumulated Other Comprehensive Income

(19) Components of Accumulated Other Comprehensive Income

The following table sets forth the components of accumulated other comprehensive income as of December 31, 2013 and 2012:

	December 31,
	2013			2012
Unrealized gain on marketable securities available-for-sale	$	(3,233	)	15,853
Fair value of interest rate swaps	(5,224		)	(8,405	)
Defined benefit pension plans	(3,443		)	(18,936	)
Accumulated other comprehensive income	$	(11,900	)	(11,488	)

The following table shows the changes in accumulated other comprehensive income by component for the year ended December 31, 2013:

	Unrealized gains and losses on securities available-for- sale			Change in fair value of interest rate swaps		Change in defined benefit pension plans		Total
Balance as of January 1,	$	15,853		(8,405	)	(18,936	)	(11,488	)
Other comprehensive income before reclassification adjustments	(16,544		)	3,181		14,577		1,214
Amounts reclassified from accumulated other comprehensive income (1), (2)	(2,542		)	—		916		(1,626	)
Net other comprehensive income	(19,086		)	3,181		15,493		(412	)
Balance as of December 31,	$	(3,233	)	(5,224	)	(3,443	)	(11,900	)

(1) Consists of realized gains on securities (gain on sales of investments, net) of $4,881 and other-than-temporary-impairment losses (net impairment losses) of $(713), net of tax (income tax expense) of $1,626.

(2) Consists of amortization of prior service cost (compensation and employee benefits) of $2,321 and amortization of net loss (compensation and employee benefits) of $(3,730), net of tax (income tax expense) of $493.  See note 14.

The following table shows the changes in accumulated other comprehensive income by component for the year ended December 31, 2012:

	Unrealized gains and losses on securities available-for- sale			Change in fair value of interest rate swaps		Change in defined benefit pension plans		Total
Balance as of January 1,	$	14,046		(8,864	)	(28,408	)	(23,226	)
Other comprehensive income before reclassification adjustments	2,029			459		7,750		10,238
Amounts reclassified from accumulated other comprehensive income (1), (2)	(222		)	—		1,722		1,500
Net other comprehensive income	1,807			459		9,472		11,738
Balance as of December 31,	$	15,853		(8,405	)	(18,936	)	(11,488	)

(1) Consists of realized gains on securities (gain on sales of investments, net) of $695 and other-than-temporary-impairment losses (net impairment losses) of $(331), net of tax (income tax expense) of $142.

(2) Consists of amortization of prior service cost (compensation and employee benefits) of $160 and amortization of net loss (compensation and employee benefits) of $(2,810), net of tax (income tax expense) of $928.  See note 14.

The following table shows the changes in accumulated other comprehensive income by component for the year ended December 31, 2011:

	Unrealized gains and losses on securities available-for- sale		Change in fair value of interest rate swaps		Change in defined benefit pension plans		Total
Balance as of January 1,	$	3,021	(6,077	)	(10,441	)	(13,497	)
Other comprehensive income before reclassification adjustments	9,312		(2,787	)	(18,336	)	(11,811	)
Amounts reclassified from accumulated other comprehensive income (1), (2)	1,713		—		369		2,082
Net other comprehensive income	11,025		(2,787	)	(17,967	)	(9,729	)
Balance as of December 31,	$	14,046	(8,864	)	(28,408	)	(23,226	)

(1) Consists of realized losses on securities (gain on sales of investments, net) of $(1,809) and other-than-temporary-impairment losses (net impairment losses) of $(937), net of tax (income tax expense) of $1,033.

(2) Consists of amortization of prior service cost (compensation and employee benefits) of $160 and amortization of net loss (compensation and employee benefits) of $(728), net of tax (income tax expense) of $199.  See note 14.