Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2020

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 March 31,
	2020		2019
Foreign currency translation adjustments:
Balance at beginning of period	$	(2,384,589)	$	(1,674,887)
Other Comprehensive (loss) income before reclassifications	(692,090)		298,999

Net current-period change	(692,090)		298,999
Balance at end of period	(3,076,679)		(1,375,888)

Unrealized gains on available-for-sale debt securities:
Balance at beginning of period	1,095,486		74,549
Other Comprehensive income before reclassifications	2,225,196		1,095,581
Amounts reclassified from accumulated other comprehensive income	(29,209)		(69,976)
Net current-period change	2,195,987		1,025,605
Balance at end of period	3,291,473		1,100,154







Accumulated other comprehensive gain (loss), end of period	$	214,794	$	(275,734)

Reclassifications out of other comprehensive income

The following table presents details of reclassifications out of accumulated other comprehensive income for the three months ended March 31, 2020 and 2019.


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 March 31,
	2020		2019
Unrealized gains on available-for-sale debt securities
Realized gain on sale of securities	$	36,974	$	88,576	Other income (loss), net
Provision for income taxes	(7,765)		(18,600)		Provision for income taxes
Total net reclassifications for the period	$	29,209	$	69,976	Net of tax