Note 15 - Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2020

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

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

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

	Three Months Ended September 30, 2020						Nine Months Ended September 30, 2020
(In thousands)	Before Tax		Tax Effect		Net of Tax		Before Tax		Tax Effect		Net of Tax
Balance at beginning of period	$	268,558	$	56,397	$	212,161	$	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	39,037		8,198		30,839		181,775		38,173		143,602
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	13,777		2,893		10,884		30,597		6,425		24,172
Net decrease (increase) in expected credit losses	186		39		147		(2,596)		(545)		(2,051)
Net unrealized gains (losses) on investments	25,074		5,266		19,808		153,774		32,293		121,481
Other comprehensive income (loss)	25,074		5,266		19,808		153,774		32,293		121,481
Balance at end of period	$	293,632	$	61,663	$	231,969	$	293,632	$	61,663	$	231,969
	Three Months Ended September 30, 2019						Nine Months Ended September 30, 2019
(In thousands)	Before Tax		Tax Effect		Net of Tax		Before Tax		Tax Effect		Net of Tax
Balance at beginning of period	$	111,977	$	23,515	$	88,462	$	(77,114)	$	(16,194)	$	(60,920)
Other comprehensive income (loss):
Unrealized gains (losses) on investments:
Unrealized holding gains (losses) arising during the period	51,460		10,806		40,654		241,363		50,686		190,677
Less: Reclassification adjustment for net gains (losses) included in net income (loss) (1)	4,401		924		3,477		5,209		1,094		4,115
Net unrealized gains (losses) on investments	47,059		9,882		37,177		236,154		49,592		186,562
Unrealized foreign currency translation adjustments	—		—		—		(4)		(1)		(3)
Other comprehensive income (loss)	47,059		9,882		37,177		236,150		49,591		186,559
Balance at end of period	$	159,036	$	33,397	$	125,639	$	159,036	$	33,397	$	125,639

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