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Other Comprehensive Income (Tables)
 3 Months Ended
Mar. 31, 2017
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Other comprehensive income
The pretax and related income tax (expense) benefit components of our other comprehensive income (loss) for the three months ended March 31, 2017 and 2016 are included in the following table.
 
 
Three Months Ended March 31,
(In thousands)
 
2017
 
2016
Net unrealized investment gains arising during the period
 
$
18,647

 
$
78,383

Income tax expense
 
(6,526
)
 
(27,556
)
Net of taxes
 
12,121

 
50,827

 
 
 
 
 
Net changes in benefit plan assets and obligations
 
(234
)
 
(474
)
Income tax benefit
 
81

 
166

Net of taxes
 
(153
)
 
(308
)
 
 
 
 
 
Net changes in unrealized foreign currency translation adjustment
 
45

 
(1,496
)
Income tax (expense) benefit
 
(14
)
 
521

Net of taxes
 
31

 
(975
)
 
 
 
 
 
Total other comprehensive income
 
18,458

 
76,413

Total income tax expense
 
(6,459
)
 
(26,869
)
Total other comprehensive income, net of tax
 
$
11,999

 
$
49,544
Reclassification out of accumulated other comprehensive income
The pretax and related income tax (expense) benefit components of the amounts reclassified from our accumulated other comprehensive loss (“AOCL”) to our consolidated statements of operations for the three months ended March 31, 2017 and 2016 are included in the following table.
 
 
Three Months Ended March 31,
(In thousands)
 
2017
 
2016
Reclassification adjustment for net realized (losses) gains (1)
 
$
(747
)
 
$
612

Income tax benefit (expense)
 
261

 
(92
)
Net of taxes
 
(486
)
 
520

 
 
 
 
 
Reclassification adjustment related to benefit plan assets and obligations (2)
 
234

 
474

Income tax expense
 
(81
)
 
(166
)
Net of taxes
 
153

 
308

 
 
 
 
 
Reclassification adjustment related to foreign currency (3)
 
—

 
(1,467
)
Income tax benefit
 
—

 
513

Net of taxes
 
—

 
(954
)
 
 
 
 
 
Total reclassifications
 
(513
)
 
(381
)
Total income tax benefit
 
180

 
255

Total reclassifications, net of tax
 
$
(333
)
 
$
(126
)

(1) 
Increases (decreases) Net realized investment (losses) gains on the consolidated statements of operations.
(2) 
Decreases (increases) Other underwriting and operating expenses, net on the consolidated statements of operations.
(3) 
Increases (decreases) Other revenue on the consolidated statements of operations.
Accumulated other comprehensive income (loss)
A rollforward of AOCL for the three months ended March 31, 2017, including amounts reclassified from AOCL, are included in the table below.
 
 
Three Months Ended March 31, 2017
(In thousands)
 
Net unrealized gains and losses on available-for-sale securities
 
Net benefit plan assets and obligations recognized in shareholders' equity
 
Net unrealized foreign currency translation
 
Total AOCL
Balance, December 31, 2016, net of tax
$
(20,797
)
 
$
(54,272
)
 
$
(31
)
 
$
(75,100
)
Other comprehensive income before reclassifications
11,635

 
—

 
31

 
11,666

Less: Amounts reclassified from AOCL
 
(486
)
 
153

 
—

 
(333
)
Balance, March 31, 2017, net of tax
$
(8,676
)
 
$
(54,425
)
 
$
—

 
$
(63,101
)