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ACCUMULATED OTHER COMPREHENSIVE INCOME
 6 Months Ended
Mar. 31, 2015
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

Accumulated other comprehensive income (loss)

The following table presents the after-tax changes in each component of accumulated other comprehensive income (loss) for the three and six months ended March 31, 2015 and 2014:
 
Unrealized gains on available for sale securities
 
Net currency translations and net investment hedges (1)
 
Cash flow hedges(2)
 
Total
 
(in thousands)
Three months ended March 31, 2015
 
Accumulated other comprehensive income (loss) as of the beginning of the period
$
4,721

 
$
(13,073
)
 
$
—

 
$
(8,352
)
Other comprehensive income (loss) before reclassifications and taxes
3,801

 
441

 
(2,481
)
 
1,761

Amounts reclassified from accumulated other comprehensive (loss) income, before tax
(2
)
 
—

 
60

 
58

Pre-tax net other comprehensive income (loss)
3,799

 
441

 
(2,421
)
 
1,819

Income tax effect
(1,462
)
 
(15,720
)
 
920

 
(16,262
)
Net other comprehensive income (loss) for the period, net of tax
2,337

 
(15,279
)
 
(1,501
)
 
(14,443
)
Accumulated other comprehensive income (loss) as of March 31, 2015
$
7,058

 
$
(28,352
)
 
$
(1,501
)
 
$
(22,795
)
 
 
 
 
 
 
 
 
Six months ended March 31, 2015
 
Accumulated other comprehensive income (loss) as of the beginning of the period
$
4,745

 
$
(6,633
)
 
$
—

 
$
(1,888
)
Other comprehensive income (loss) before reclassifications and taxes
3,745

 
733

 
(2,481
)
 
1,997

Amounts reclassified from accumulated other comprehensive (loss) income, before tax
(2
)
 
—

 
60

 
58

Pre-tax net other comprehensive income (loss)
3,743

 
733

 
(2,421
)
 
2,055

Income tax effect
(1,430
)
 
(22,452
)
 
920

 
(22,962
)
Net other comprehensive income (loss) for the period, net of tax
2,313

 
(21,719
)
 
(1,501
)
 
(20,907
)
Accumulated other comprehensive income (loss) as of March 31, 2015
$
7,058

 
$
(28,352
)
 
$
(1,501
)
 
$
(22,795
)
 
 
 
 
 
 
 
 
Three months ended March 31, 2014
 
Accumulated other comprehensive (loss) income as of the beginning of the period
$
(182
)
 
$
5,727

 
$
—

 
$
5,545

Other comprehensive income (loss) before reclassifications and taxes
5,668

 
(2,691
)
 
—

 
2,977

Amounts reclassified from accumulated other comprehensive loss, before tax
(39
)
 
—

 
—

 
(39
)
Pre-tax net other comprehensive income (loss)
5,629

 
(2,691
)
 
—

 
2,938

Income tax effect
(2,147
)
 
(7,570
)
 
—

 
(9,717
)
Net other comprehensive income (loss) for the period, net of tax
3,482

 
(10,261
)
 
—

 
(6,779
)
Accumulated other comprehensive income (loss) as of March 31, 2014
$
3,300

 
$
(4,534
)
 
$
—

 
$
(1,234
)
 
 
 
 
 
 
 
 
Six months ended March 31, 2014
 
Accumulated other comprehensive (loss) income as of the beginning of the period
$
(1,276
)
 
$
12,002

 
$
—

 
$
10,726

Other comprehensive income (loss) before reclassifications and taxes
11,127

 
(2,898
)
 
—

 
8,229

Amounts reclassified from accumulated other comprehensive loss, before tax
(3,731
)
 
—

 
—

 
(3,731
)
Pre-tax net other comprehensive income (loss)
7,396

 
(2,898
)
 
—

 
4,498

Income tax effect
(2,820
)
 
(13,638
)
 
—

 
(16,458
)
Net other comprehensive income (loss) for the period, net of tax
4,576

 
(16,536
)
 
—

 
(11,960
)
Accumulated other comprehensive income (loss) as of March 31, 2014
$
3,300

 
$
(4,534
)
 
$
—

 
$
(1,234
)

(1)
Includes net gains (losses) recognized on forward foreign exchange derivatives associated with hedges of RJ Bank’s foreign currency exposure due to its non-U.S. dollar net investments (see Note 12 for additional information on these derivatives).

(2)
Represents the RJ Bank Interest Hedges (see Note 12 for additional information on these derivatives).

Reclassifications out of accumulated other comprehensive income

The following table presents the income statement line items impacted by reclassifications out of accumulated other comprehensive income (loss), and the related tax effects, for the periods indicated:
Accumulated other comprehensive income (loss) components:
 
Increase (decrease) in amounts reclassified from accumulated other comprehensive income (loss)
 
Affected line items in income statement
 
 
(in thousands)
 
 
Three months ended March 31, 2015
 
 
 
 
Available for sale securities: (1)
 
 
 
 
Auction rate securities
 
$
(2
)
 
Other revenue
RJ Bank available for sale securities
 
—

 
Other revenue
RJ Bank Interest Hedges(2)
 
60

 
Interest expense
 
 
58

 
Total before tax
 
 
(22
)
 
Provision for income taxes
Total reclassifications for the period
 
$
36

 
Net of tax
 
 
 
 
 
Six months ended March 31, 2015
 
 
 
 
Available for sale securities: (1)
 
 
 
 
Auction rate securities
 
$
(2
)
 
Other revenue
RJ Bank available for sale securities
 
—

 
Other revenue
RJ Bank Interest Hedges(2)
 
60

 
Interest expense
 
 
58

 
Total before tax
 
 
(22
)
 
Provision for income taxes
Total reclassifications for the period
 
$
36

 
Net of tax
 
 
 
 
 
Three months ended March 31, 2014
Available for sale securities: (1)
 
 
 
 
Auction rate securities
 
$
(39
)
 
Other revenue
RJ Bank available for sale securities
 
—

 
Other revenue
 
 
(39
)
 
Total before tax
 
 
15

 
Provision for income taxes
Total reclassifications for the period
 
$
(24
)
 
Net of tax
 
 
 
 
 
Six months ended March 31, 2014
 
 
 
 
Available for sale securities: (1)
 
 
 
 
Auction rate securities (3)
 
$
(3,758
)
 
Other revenue
RJ Bank available for sale securities
 
27

 
Other revenue
 
 
(3,731
)
 
Total before tax
 
 
1,437

 
Provision for income taxes
Total reclassifications for the period
 
$
(2,294
)
 
Net of tax

(1)
See Note 6 for additional information regarding the available for sale securities, and Note 4 for additional fair value information regarding these securities.

(2)
See Note 12 for additional information regarding the RJ Bank Interest Hedges, and Note 4 for additional fair value information regarding these derivatives.

(3)
For the six months ended March 31, 2014, other revenues include realized gains on the redemption or sale of ARS in the amount of $5.6 million (see Note 6 for further information). The amounts presented in the table represent the reversal out of AOCI associated with such ARS’ redeemed or sold. The net of such realized gain and this reversal out of AOCI represents the net effect of such redemptions and sales activities on other comprehensive income (“OCI”) for each respective period, on a pre-tax basis.

All of the components of other comprehensive income (loss) described above, net of tax, are attributable to RJF.