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Consolidated Statements Of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Statement Of Income And Comprehensive Income [Abstract]    
Net income $ 88,761 $ 65,512
Other comprehensive income/(loss), net of tax:    
Changes in unrealized gains/(losses) on available-for-sale securities [1],[2],[3] (13,071) 3,777
Amortization of losses of securities transferred to held-to-maturity from available-for-sale [1],[2]   524
Changes in unrealized gains on cash flow hedging instruments [1],[2],[4] 2,706 1,033
Foreign currency translation adjustment [1],[2] 3,736 2,294
Total other comprehensive income/(loss), net of tax [1],[2] (6,629) 7,628
Comprehensive income $ 82,132 $ 73,140
[1] Net of tax benefit of $2.3 million and tax expense of $4.8 million for the three months ended March 31, 2018 and 2017, respectively.
[2] The adoption of ASU 2018-02 on January 1, 2018 resulted in a reclassification of $3.0 million to retained earnings related to cash flow hedges and investment portfolio credit risk. See Note 2 for further details.
[3] There were no reclassifications to earnings during the three months ended March 31, 2018 and 2017, respectively.
[4] Amounts are net of reclassifications to earnings of gains of $0.5 million and losses of $0.9 million for the three months ended March 31, 2018 and 2017, respectively.