Accumulated Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2015

Accumulated Other Comprehensive Income [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (“AOCI”) by component are as follows:

(in thousands)	Unrealized Gains on Investments			Cumulative Foreign Currency Translation Adjustments			Unrecognized Net Actuarial Loss and Prior Service Credit, Net			Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2013	$	429		$	30,847		$	(11,259	)	$	20,017
Other comprehensive income before reclassifications		98			(18,432	)		—			(18,334	)
Amounts reclassified from AOCI, net of tax		(56	)		—			(2,021	)		(2,077	)
Net other comprehensive income (loss)		42			(18,432	)		(2,021	)		(20,411	)
Balance at December 31, 2014	$	471		$	12,415		$	(13,280	)	$	(394	)
Other comprehensive income before reclassifications		(55	)		(35,672	)		1,546			(34,181	)
Amounts reclassified from AOCI, net of tax		(70	)		—			469			399
Net other comprehensive income (loss)		(125	)		(35,672	)		2,015			(33,782	)
Balance at December 31, 2015	$	346		$	(23,257	)	$	(11,265	)	$	(34,176	)

Reclassification out of Accumulated Other Comprehensive Income

The following table presents information about reclassification adjustments out of AOCI:

	Year Ended December 31,						Affected Line Item in the Statement Where Net Income is Presented
(in thousands)	2015			2014
Unrealized gains on investments	$	(112	)	$	(90	)	Income income
Tax effect		42			34		Income taxes
	$	(70	)	$	(56	)
Recognized net actuarial (gain) loss (1)	$	1,180		$	(3,821	)
Amortization of prior service credit (1)		(552	)		565
Tax effect		(159	)		1,235		Income taxes
	$	469		$	(2,021	)

⁽¹⁾ Amount included in pension expense. Refer to Note 18 – Pension and Postretirement Benefits.