Note 14 - Accumulated Other Comprehensive Income (Loss) (Note)

6 Months Ended

Jun. 30, 2020

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income (Loss)

The following table shows the rollforward of accumulated other comprehensive income (loss) as of the periods indicated:

	Three Months Ended June 30, 2020						Six Months Ended June 30, 2020
(In thousands)	Before Tax		Tax Effect		Net of Tax		Before Tax		Tax Effect		Net of Tax
Balance at beginning of period	$	37,722	$	7,921	$	29,801	$	139,858	$	29,370	$	110,488
Other comprehensive income (loss):
Unrealized gains (losses) on investments:
Unrealized holding gains (losses) arising during the period for which an allowance for expected credit losses has not been recognized	234,249		49,193		185,056		142,738		29,975		112,763
Less: Reclassification adjustment for net gains (losses) included in net income (loss): (1)
Net realized gains (losses) on disposals and non-credit related impairment losses	6,195		1,301		4,894		16,820		3,532		13,288
Net decrease (increase) in expected credit losses	(2,782)		(584)		(2,198)		(2,782)		(584)		(2,198)
Net unrealized gains (losses) on investments	230,836		48,476		182,360		128,700		27,027		101,673
Other comprehensive income (loss)	230,836		48,476		182,360		128,700		27,027		101,673
Balance at end of period	$	268,558	$	56,397	$	212,161	$	268,558	$	56,397	$	212,161
	Three Months Ended June 30, 2019						Six Months Ended June 30, 2019
(In thousands)	Before Tax		Tax Effect		Net of Tax		Before Tax		Tax Effect		Net of Tax
Balance at beginning of period	$	22,144	$	4,650	$	17,494	$	(77,114)	$	(16,194)	$	(60,920)
Other comprehensive income (loss):
Unrealized gains (losses) on investments:
Unrealized holding gains (losses) arising during the period	91,140		19,140		72,000		189,903		39,880		150,023
Less: Reclassification adjustment for net gains (losses) included in net income (loss) (1)	1,303		274		1,029		808		170		638
Net unrealized gains (losses) on investments	89,837		18,866		70,971		189,095		39,710		149,385
Unrealized foreign currency translation adjustments	(4)		(1)		(3)		(4)		(1)		(3)
Other comprehensive income (loss)	89,833		18,865		70,968		189,091		39,709		149,382
Balance at end of period	$	111,977	$	23,515	$	88,462	$	111,977	$	23,515	$	88,462

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(1)Included in net gains (losses) on investments and other financial instruments on our condensed consolidated statements of operations.