Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2017

Equity [Abstract]

OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 12. OTHER COMPREHENSIVE INCOME (LOSS)

The following table presents the tax effects allocated to each component of Other comprehensive income (loss) for the three months ended June 30, 2017 and 2016 (in thousands):

	Three Months Ended June 30,
	2017							2016
	Before-Tax Amount		Tax (Expense) Benefit			Net-of-Tax Amount		Before-Tax Amount			Tax Benefit (Expense)			Net-of-Tax Amount
Net unrealized gain (loss) on securities:
Unrealized gain (loss) arising during the period	$	771	$	(280	)	$	491	$	(234	)	$	87		$	(147	)
Less: reclassification adjustments for (gain) loss realized in net (loss) income	—		—			—		—			—			—
Net unrealized gains (losses)	$	771	$	(280	)	$	491	$	(234	)	$	87		$	(147	)
Net unrealized gain (loss) on foreign currency:
Foreign currency translation gain (loss) arising during the period	10,340		—			10,340		(7,866		)	(13,743		)	(21,609		)
Less: reclassification adjustments for (gain) loss realized in net (loss) income	—		—			—		—			—			—
Foreign currency translation gain (loss)	$	10,340	$	—		$	10,340	$	(7,866	)	$	(13,743	)	$	(21,609	)
Other comprehensive income (loss)	$	11,111	$	(280	)	$	10,831	$	(8,100	)	$	(13,656	)	$	(21,756	)

The following table presents the tax effects allocated to each component of Other comprehensive income for the six months ended June 30, 2017 and 2016 (in thousands):

	Six Months Ended June 30,
	2017							2016
	Before-Tax Amount		Tax (Expense) Benefit			Net-of-Tax Amount		Before-Tax Amount			Tax Benefit (Expense)		Net-of-Tax Amount
Net unrealized gain (loss) on securities:
Unrealized gain (loss) arising during the period	$	227	$	(82	)	$	145	$	(1,620	)	$	613	$	(1,007	)
Less: reclassification adjustments for (gain) loss realized in net (loss) income	—		—			—		—			—		—
Net unrealized gains (losses)	$	227	$	(82	)	$	145	$	(1,620	)	$	613	$	(1,007	)
Net unrealized gain (loss) on foreign currency:
Foreign currency translation gain arising during the period	25,474		—			25,474		46,706			12,448		59,154
Less: reclassification adjustments for gain realized in net loss	—		—			—		—			—		—
Foreign currency translation gain	$	25,474	$	—		$	25,474	$	46,706		$	12,448	$	59,154
Other comprehensive income	$	25,701	$	(82	)	$	25,619	$	45,086		$	13,061	$	58,147

The following is a summary of the accumulated balances related to each component of Other comprehensive income, net of taxes, at June 30, 2017 and December 31, 2016 (in thousands):

	June 30, 2017			December 31, 2016
Net unrealized gains	$	1,040		$	895
Foreign currency translation loss	(328,855		)	(354,329		)
Accumulated other comprehensive loss	$	(327,815	)	$	(353,434	)