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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Net Income $ 7,289 $ 1,609 $ 8,676 $ 3,892
Other comprehensive income, net of tax:        
Reclassification adjustment for realized gains on marketable equity securities included in net income (1)(4) [1],[2] (143) (1,043)
Reclassification adjustment for unrealized losses on marketable securities included in net income, net of income taxes (2)(4) [1],[3] 17 17
Changes in fair value of marketable securities (3)(4) [1],[4] (138) (160)
COMPREHENSIVE INCOME $ 7,289 $ 1,345 $ 8,676 $ 2,706
[1] In accordance with the adoption of ASU 2016-01 on January 1, 2018 unrealized market gains and losses on equity securities have been reclassified to income for the current period and to retained earnings for historical amounts recorded in Other Comprehensive Income for periods prior to December 31, 2017 - (see Note B).
[2] Net of deferred income taxes of $0, $(88), $0 and $(638), respectively.
[3] Net of deferred income taxes of $0, $10, $0 and $10, respectively.
[4] Net of deferred income taxes of $0, $(82), $0 and $(97), respectively.