Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2015

Accumulated Other Comprehensive Income Other Comprehensive Income [Abstract]

Components of Accumulated Other Comprehensive Income (Loss)

Changes in the balances of each component of accumulated other comprehensive income (loss) for the three months ended March 31, 2015 are as follows:

(in thousands)	Unrealized gains (losses) on securities			Foreign currency translation adjustment			Pension benefit adjustment			Accumulated other comprehensive income (loss)
Balance at December 31, 2014	$	10,911		$	(20,420	)	$	(189,580	)	$	(199,089	)
Change in unrealized gains (losses) on securities		31,122			—			—			31,122
Change in foreign currency translation adjustments		—			(18,660	)		—			(18,660	)
Amortization of net actuarial loss		—			—			8,492			8,492
Amortization of prior service cost		—			—			(1,041	)		(1,041	)
Tax effect		(11,049	)		—			(2,851	)		(13,900	)
Balance at March 31, 2015	$	30,984		$	(39,080	)	$	(184,980	)	$	(193,076	)
Allocated to the Company	$	30,969		$	(39,080	)	$	(184,980	)	$	(193,091	)
Allocated to noncontrolling interests		15			—			—			15
Balance at March 31, 2015	$	30,984		$	(39,080	)	$	(184,980	)	$	(193,076	)

Adjustments for Reclassification of Accumulated Other Comprehensive Income (Loss)

The following table presents the other comprehensive income (loss) reclassification adjustments for the three months ended March 31, 2015 and 2014:

(in thousands)	Unrealized gains (losses) on securities			Foreign currency translation adjustment			Pension benefit adjustment			Total other comprehensive income (loss)
Three Months Ended March 31, 2015
Pretax change before reclassifications	$	28,431		$	(18,660	)	$	—		$	9,771
Reclassifications out of AOCI		2,691			—			7,451			10,142
Tax effect		(11,049	)		—			(2,851	)		(13,900	)
Total other comprehensive income (loss), net of tax	$	20,073		$	(18,660	)	$	4,600		$	6,013
Three Months Ended March 31, 2014
Pretax change before reclassifications	$	22,333		$	(6,040	)	$	—		$	16,293
Reclassifications out of AOCI		(2,366	)		—			6,369			4,003
Tax effect		(7,767	)		—			(2,478	)		(10,245	)
Total other comprehensive income (loss), net of tax	$	12,200		$	(6,040	)	$	3,891		$	10,051

Reclassifications out of Accumulated Other Comprehensive Income (Loss)

The following table presents the effect of the reclassifications out of accumulated other comprehensive income (loss) on the respective line items in the condensed consolidated statements of income:

	Amounts reclassified from accumulated other comprehensive income (loss)
	Three Months Ended March 31,							Affected line items in the condensed
(in thousands)	2015				2014			consolidated statements of income
Unrealized gains (losses) on securities:
Net realized gains (losses) on sales of securities	$	(2,691	)	$	2,884			Net realized investment gains (losses)
Net other-than-temporary impairment losses		—			(518	)		Net realized investment gains (losses)
Pretax total	$	(2,691	)	$	2,366
Tax effect	$	955		$	(921	)
Pension benefit adjustment:
Amortization of defined benefit pension and supplemental benefit plan items:
Net actuarial loss	$	(8,492	)	$	(7,407	)	(1)
Prior service credit		1,041			1,038		(1)
Pretax total	$	(7,451	)	$	(6,369	)
Tax effect	$	2,851		$	2,478

(1) These accumulated other comprehensive income components are included in the computation of net periodic cost. See Note 9 Employee Benefit Plans for additional details.