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Other Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2019
Other Comprehensive Income (Loss)  
Other Comprehensive Income (Loss)

5.     Other Comprehensive Income (Loss)

The following table presents the tax effect on each component of “Other comprehensive income (loss).”

For the Years Ended December 31,

2019

2018

2017

Before 

Tax 

Net 

Before 

Tax 

Net 

Before 

Tax 

Net 

Tax 

(Expense)

of Tax

Tax 

(Expense)

of Tax

Tax 

(Expense)

of Tax

    

Amount

    

Benefit

Amount

    

Amount

    

Benefit

Amount

Amount

    

Benefit

Amount

(In thousands)

Foreign currency translation adjustments

$

223

    

$

$

223

    

$

(1,343)

    

$

$

(1,343)

$

1,027

$

$

1,027

Unrealized holding gains (losses) on available-for-sale securities

1,127

(265)

862

(529)

122

(407)

9,671

    

(3,525)

6,146

Recognition of previously unrealized (gains) losses on available-for-sale securities included in net income (loss)

(299)

70

(229)

(8)

2

(6)

(11,129)

4,057

(7,072)

Other comprehensive income (loss)

$

1,051

$

(195)

$

856

$

(1,880)

$

124

$

(1,756)

$

(431)

$

532

$

101

The “Accumulated other comprehensive income (loss)” is detailed in the following table, net of tax:

Foreign

Unrealized/

Currency

Recognized

Translation

Gains

Accumulated Other Comprehensive Income (Loss)

Adjustment

(Losses) 

Total

(In thousands)

Balance as of December 31, 2017

$

1,027

$

(145)

$

882

Foreign currency translation adjustments

(1,343)

(1,343)

Other comprehensive income (loss) before reclassification

(407)

(407)

Amounts reclassified from accumulated other comprehensive income (loss)

(6)

(6)

Balance as of December 31, 2018

$

(316)

$

(558)

$

(874)

Foreign currency translation adjustments

223

223

Other comprehensive income (loss) before reclassification

862

862

Amounts reclassified from accumulated other comprehensive income (loss)

(229)

(229)

Balance as of December 31, 2019

$

(93)

$

75

$

(18)