Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2019

Equity [Abstract]

Schedule of AOCI

The following table presents the net changes in the Company's accumulated other comprehensive income (loss) by component (all amounts shown are net of tax):

	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
Foreign currency translation adjustments:
Balance at beginning of period	$	(1,375,888)	$	2,271,208	$	(1,674,887)	$	645,030
Other Comprehensive (loss) income before reclassifications	(475,686)		(2,465,603)		(176,687)		(839,425)
Net current-period change	(475,686)		(2,465,603)		(176,687)		(839,425)
Balance at end of period	(1,851,574)		(194,395)		(1,851,574)		(194,395)
Unrealized gains (losses) on available-for-sale debt securities:
Balance at beginning of period	1,100,154		(33,160)		74,549		(16,349)
Other Comprehensive income (loss) before reclassifications	1,353,661		(238,555)		2,449,241		309,951
Amounts reclassified from accumulated other comprehensive income	(103,020)		(224)		(172,995)		(565,541)
Net current-period change	1,250,641		(238,779)		2,276,246		(255,590)
Balance at end of period	2,350,795		(271,939)		2,350,795		(271,939)
Unrealized gains (losses) on derivatives:
Balance at beginning of period	—		(25,059)		—		(78,026)
Other comprehensive income before reclassifications	—		17,246		—		60,419
Amounts reclassified from accumulated other comprehensive income	—		(4,957)		—		4,837
Net current-period change	—		12,289		—		65,256
Balance at end of period	—		(12,770)		—		(12,770)
Accumulated other comprehensive income (loss), end of period	$	499,221	$	(479,104)	$	499,221	$	(479,104)

Reclassifications out of other comprehensive income

The following table presents details of reclassifications out of accumulated other comprehensive income for the three and six months ended June 30, 2019 and 2018.

Details about Accumulated Other Comprehensive Income Components	Amounts Reclassified from Other Comprehensive Income								Affected Line item in the Statement of Consolidated Income
	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
Unrealized gains on available-for-sale debt securities
Realized gain on sale of securities	$	130,405	$	284	$	218,981	$	715,875	Other income (loss), net
Provision for income taxes	(27,385)		(60)		(45,986)		(150,334)		Provision for income taxes
	$	103,020	$	224	$	172,995	$	565,541	Net of tax
Unrealized gains (losses) on derivatives
Realized gain (loss) on interest rate swap	$	—	$	6,275	$	—	$	(6,123)	Other income (loss), net
Provision for income taxes	—		(1,318)		—		1,286		Provision for income taxes
	$	—	$	4,957	$	—	$	(4,837)	Net of tax
Total net reclassifications for the period	$	103,020	$	5,181	$	172,995	$	560,704	Net of tax