COMPREHENSIVE INCOME

The following tables detail the changes in the balances of each component of accumulated other comprehensive income for the affected periods:



	Unrealized Gains (Losses) on Available- for-Sale Securities ⁽¹⁾						Amortization of Postretirement Benefit ⁽¹⁾					Gain (Loss) on Foreign Currency Translation ⁽¹⁾						Total
	Period from July 1			Period from July 1			Period from July 1			Period from July 1		Period from July 1			Period from July 1			Period from July 1			Period from July 1
	through			through			through			through		through			through			through			through
	September 30, 2014			September 30, 2013			September 30, 2014			September 30, 2013		September 30, 2014			September 30, 2013			September 30, 2014			September 30, 2013
Successor Ambac
Beginning Balance	$	231,975		$	(90,983	)	$	10,439		$	—	$	63,914		$	(12,524	)	$	306,328		$	(103,507	)
Other comprehensive income (loss) before reclassifications	(12,222		)	4,316			—			—		(38,034		)	39,384			(50,256		)	43,700
Amounts reclassified from accumulated other comprehensive income	(5,003		)	49,561			(204		)	—		—			—			(5,207		)	49,561
Net current period other comprehensive income (loss)	(17,225		)	53,877			(204		)	—		(38,034		)	39,384			(55,463		)	93,261
Balance at September 30	$	214,750		$	(37,106	)	$	10,235		$	—	$	25,880		$	26,860		$	250,865		$	(10,246	)



	Unrealized Gains (Losses) on Available- for-Sale Securities ⁽¹⁾						Amortization of Postretirement Benefit ⁽¹⁾					Gain (Loss) on Foreign Currency Translation ⁽¹⁾					Total
	Period from January 1			Period from May 1			Period from January 1			Period from May 1		Period from January 1			Period from May 1		Period from January 1			Period from May 1
	through			through			through			through		through			through		through			through
	September 30, 2014			September 30, 2013			September 30, 2014			September 30, 2013		September 30, 2014			September 30, 2013		September 30, 2014			September 30, 2013
Successor Ambac
Beginning Balance	$	(41,910	)	$	—		$	10,847		$	—	$	42,724		$	—	$	11,661		$	—
Other comprehensive income (loss) before reclassifications	261,879			(70,195		)	—			—		(16,844		)	26,860		245,035			(43,335		)
Amounts reclassified from accumulated other comprehensive income	(5,219		)	33,089			(612		)	—		—			—		(5,831		)	33,089
Net current period other comprehensive income (loss)	256,660			(37,106		)	(612		)	—		(16,844		)	26,860		239,204			(10,246		)
Balance at September 30	$	214,750		$	(37,106	)	$	10,235		$	—	$	25,880		$	26,860	$	250,865		$	(10,246	)



	Unrealized Gains (Losses) on Available-for-Sale Securities ⁽¹⁾			Changes to Postretirement Benefit ⁽¹⁾			Gain (Loss) on Foreign Currency Translation ⁽¹⁾			Total
	Period from January 1			Period from January 1			Period from January 1			Period from January 1
	through			through			through			through
	April 30, 2013			April 30, 2013			April 30, 2013			April 30, 2013
Predecessor Ambac
Beginning Balance	$	651,272		$	(5,860	)	$	(20,027	)	$	625,385
Other comprehensive income (loss) before reclassifications	188,696			—			(657		)	188,039
Amounts reclassified from accumulated other comprehensive income	(13,349		)	185			—			(13,164		)
Elimination of Predecessor Ambac Shareholder Equity Accounts	(826,619		)	5,675			20,684			(800,260		)
Net current period other comprehensive income (loss)	(651,272		)	5,860			20,027			(625,385		)
Balance at April 30, 2013	$	—		$	—		$	—		$	—

(1) All amounts are net of tax and noncontrolling interest. Amounts in parentheses indicate debits.

The following table details the significant amounts reclassified from each component of accumulated other comprehensive income for the affected periods:



	Amount Reclassified from Accumulated Other Comprehensive Income ⁽¹⁾
	Period from July 1			Period from July 1		Affected Line Item in the
Details about Accumulated Other	through			through		Consolidated Statement of
Comprehensive Income Components	September 30, 2014			September 30, 2013		Total Comprehensive Income
Unrealized Gains (Losses) on Available-for-Sale Securities
	$	(5,003	)	$	49,561	Net realized investment gains
	—			—		Tax (expense) benefit
	$	(5,003	)	$	49,561	Net of tax and noncontrolling interest
Amortization of Postretirement Benefit
Prior service cost	$	(166	)	$	—	Underwriting and operating expenses ⁽²⁾
Actuarial gains (losses)	(38		)	—		Underwriting and operating expenses ⁽²⁾
	(204		)	—		Total before tax
	—			—		Tax (expense) benefit
	$	(204	)	$	—	Net of tax and noncontrolling interest
Total reclassifications for the period	$	(5,207	)	$	49,561	Net of tax and noncontrolling interest



	Amount Reclassified from Accumulated Other Comprehensive Income ⁽¹⁾
	Successor Ambac –					Predecessor Ambac –
Details about Accumulated Other	Period from January 1			Period from May 1		Period from January 1			Affected Line Item in the
Comprehensive Income	through			through		through			Consolidated Statement of
Components	September 30, 2014			September 30, 2013		April 30, 2013			Total Comprehensive Income
Unrealized Gains (Losses) on Available-for-Sale Securities
	$	(5,219	)	$	33,089	$	(13,349	)	Net realized investment gains
	—			—		—			Tax (expense) benefit
	$	(5,219	)	$	33,089	$	(13,349	)	Net of tax and noncontrolling interest
Amortization of Postretirement Benefit
Prior service cost	$	(498	)	$	—	$	1,616		Underwriting and operating expenses⁽²⁾
Actuarial gains (losses)	(114		)	—		(727		)	Underwriting and operating expenses⁽²⁾
	(612		)	—		889			Total before tax
	—			—		(704		)	Tax (expense) benefit
	$	(612	)	$	—	$	185		Net of tax and noncontrolling interest
Total reclassifications for the period	$	(5,831	)	$	33,089	$	(13,164	)	Net of tax and noncontrolling interest

(1)Amounts in parentheses indicate debits to the Consolidated Statement of Total Comprehensive Income.

(2)These accumulated other comprehensive income components are included in the computation of net periodic benefit cost.