Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2023

Other Comprehensive Income (Loss)

Other Comprehensive Income (Loss)

4.     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,
	2023						2022						2021
	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	$	356	$	(31)	$	325	$	(4,160)	$	710	$	(3,450)	$	1,787	$	(482)	$	1,305
Unrealized holding gains (losses) on available-for-sale securities		(267)		65		(202)		191		(46)		145		(208)		49		(159)
Recognition of previously unrealized (gains) losses on available-for-sale securities included in net income (loss)		304		(74)		230		(7)		2		(5)		(13)		3		(10)
Other comprehensive income (loss)	$	393	$	(40)	$	353	$	(3,976)	$	666	$	(3,310)	$	1,566	$	(430)	$	1,136

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, 2021	$	446	$	(165)	$	281
Foreign currency translation adjustments		(3,450)		—		(3,450)
Other comprehensive income (loss) before reclassification		—		145		145
Amounts reclassified from accumulated other comprehensive income (loss)		—		(5)		(5)
Balance as of December 31, 2022	$	(3,004)	$	(25)	$	(3,029)
Foreign currency translation adjustments		325		—		325
Other comprehensive income (loss) before reclassification		—		(202)		(202)
Amounts reclassified from accumulated other comprehensive income (loss)		—		230		230
Balance as of December 31, 2023	$	(2,679)	$	3	$	(2,676)