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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Comprehensive income (loss)        
Net income $ 16,183 $ 20,452 $ 50,458 $ 48,818
Other comprehensive income (loss), net of taxes:        
Change in net unrealized gains and losses on fixed maturities and equity securities [1] (111,346) [2] 70,157 [3] (73,768) [2] 147,565 [3]
Change in net funded status of pension and other postretirement benefit obligations [1] 0 0 0 0
Other comprehensive income (loss) [1] (111,346) 70,157 (73,768) 147,565
Total $ (95,163) $ 90,609 $ (23,310) $ 196,383
[1] All amounts are net of tax.
[2] The pretax amounts reclassified from accumulated other comprehensive income (loss), $1,786 and $7,620, are included in net realized investment gains and losses and the related tax expenses, $625 and $2,667, are included in income tax expense in the Consolidated Statements of Operations for the three and six months ended June 30, 2015, respectively.
[3] The pretax amounts reclassified from accumulated other comprehensive income (loss), $3,455 and $5,140, are included in net realized investment gains and losses and the related tax expenses, $1,210 and $1,799, are included in income tax expense in the Consolidated Statements of Operations for the three and six months ended June 30, 2014, respectively.