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Other Comprehensive Income (Tables)
 3 Months Ended
Mar. 31, 2021
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)

The components of other comprehensive income (“OCI”), including the income tax expense or benefit allocated to each component, were as follows:

 

 

Three months ended March 31,

 

 

 

2021

 

 

2020

 

 

 

(In thousands)

 

Foreign currency translation adjustments:

 

 

 

 

 

 

 

 

Change in unrealized foreign currency translation gains (losses)

   before income taxes

 

$

4,992

 

 

$

(29,011

)

Income tax expense (benefit) on unrealized foreign currency

   translation gains (losses)

 

 

-

 

 

 

-

 

Change in unrealized foreign currency translation gains

   (losses), net of income taxes

 

$

4,992

 

 

$

(29,011

)

Unrealized gain (losses) on available-for-sale securities:

 

 

 

 

 

 

 

 

Change in unrealized holding gains (losses) arising during period

   before income taxes

 

$

(64,890

)

 

$

(86,887

)

Income tax expense (benefit) on unrealized holding gains

   (losses) arising during period

 

 

(14,185

)

 

 

(18,312

)

Change in unrealized holding gains (losses) on available-for-sale

   securities arising during period, net of income taxes

 

 

(50,705

)

 

 

(68,575

)

 

 

 

 

 

 

 

 

 

Reclassification from accumulated OCI to net income for (gains)

   losses realized on available-for-sale securities

 

 

(468

)

 

 

3,410

 

Income tax (expense) benefit on (gains) losses reclassified

   from accumulated OCI to net income

 

 

(98

)

 

 

716

 

Reclassification from accumulated OCI to net income for (gains)

   losses realized on available-for-sale securities, net of income taxes

 

 

(370

)

 

 

2,694

 

Change in unrealized gains (losses) on available-for-sale

   securities, net of income taxes and reclassification adjustment

 

$

(51,075

)

 

$

(65,881

)