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Note 11 - Accumulated Other Comprehensive Income
3 Months Ended
Mar. 31, 2014
Schedule of Accumulated Other Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income
The following table shows the rollforward of accumulated other comprehensive income as of the periods indicated:
 
Three Months Ended March 31, 2014
(In thousands)
Before Tax
 
Tax Effect
 
Net of Tax
Balance at beginning of period
$
57,345

 
$
19,962

 
$
37,383

Other comprehensive income:
 
 
 
 
 
Unrealized gains on investments:
 
 
 
 


Unrealized holding gains arising during the period
4,649

 
164

 
4,485

Less: Reclassification adjustment for net gains included in net income (1)
809

 
285

 
524

Net unrealized gains on investments
3,840

 
(121
)
 
3,961

Other comprehensive income
3,840

 
(121
)
 
3,961

Balance at end of period
$
61,185

 
$
19,841

 
$
41,344

 
 
 
 
 
 
 
Three Months Ended March 31, 2013
(In thousands)
Before Tax
 
Tax Effect
 
Net of Tax
Balance at beginning of period
$
24,904

 
$
8,809

 
$
16,095

Other comprehensive income:
 
 
 
 
 
Unrealized gains on investments:
 
 
 
 
 
Unrealized holding gains arising during the period
11,486

 
4,020

 
7,466

Less: Reclassification adjustment for net gains included in net loss (1)
67

 
46

 
21

Net unrealized gains on investments
11,419

 
3,974

 
7,445

Other comprehensive income
11,419

 
3,974

 
7,445

Balance at end of period
$
36,323

 
$
12,783

 
$
23,540

_________________________
(1)
Included in net gains (losses) on investments on our condensed consolidated statements of operations.