Note 3 - Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2021

Notes to Financial Statements

Accumulated Other Comprehensive Income Disclosure [Text Block]

NOTE 3. Accumulated Other Comprehensive Income (Loss)

 

The components and changes in accumulated other comprehensive income (loss) were as follows:

	Available-for-sale debt securities			Cash flow hedges			Total
	(in thousands)
Balances at December 31, 2018	$	(545	)	$	(41	)	$	(586	)
Change in unrealized gains during the period		1,610			651			2,261
Net gains reclassified into income during the period		—			(169	)		(169	)
Income tax provision		(243	)		(101	)		(344	)
Net change during the period		1,367			381			1,748
Balances at December 31, 2019		822			340			1,162
Change in unrealized gains (losses) during the period		549			(2,099	)		(1,550	)
Net gains reclassified into income during the period		(25	)		(564	)		(589	)
Income tax benefit (provision)		(122	)		615			493
Net change during the period		402			(2,048	)		(1,646	)
Balances at December 31, 2020		1,224			(1,708	)		(484	)
Change in unrealized gains (losses) during the period		(1,854	)		2,837			983
Net losses reclassified into income during the period		22			933			955
Income tax benefit (provision)		423			(870	)		(447	)
Net change during the period		(1,409	)		2,900			1,491
Balances at December 31, 2021	$	(185	)	$	1,192		$	1,007

The effects on income before income taxes of amounts reclassified from AOCI to the consolidated statements of operations were as follows:

	Year Ended December 31,
	2021			2020			2019
	(in thousands)
Reclassification of AOCI - Available-for-sale debt securities
Other income (expense), net	$	(22	)	$	25		$	—
Reclassification of AOCI - Cash flow hedges
Revenues	$	(1,667	)	$	960		$	169
Cost of revenues		149			(76	)		—
Research and development		492			(264	)		—
Sales and marketing		28			(20	)		—
General and administrative		65			(36	)		—
Total	$	(933	)	$	564		$	169