The following table presents the components of the changes in accumulated other comprehensive income (loss) (AOCI) as of and for the year ended December 31, 2015:



(In thousands)	Unrealized investment gains (losses)				Currency translation adjustments			Net pension asset		Accumulated other comprehensive income (loss)
Changes in AOCI
Beginning of period	$	306,199			$	(122,649	)	$	—	$	183,550
Other comprehensive income (loss) before reclassifications	(119,994		)		(124,744		)	—		(244,738		)
Amounts reclassified from AOCI	(5,548		)		—			—		(5,548		)
Other comprehensive income (loss)	(125,542		)		(124,744		)	—		(250,286		)
Unrealized investment gain related to non-controlling interest	38				—			—		38
Ending balance	$	180,695			$	(247,393	)	$	—	$	(66,698	)
Amounts reclassified from AOCI
Pre-tax	$	(8,535	)	(1)	$	—		$	—	$	(8,535	)
Tax effect	2,987			(2)	—			—		2,987
After-tax amounts reclassified	$	(5,548	)		$	—		$	—	$	(5,548	)
Other comprehensive income (loss)
Pre-tax	$	(192,186	)		$	(124,744	)	$	—	$	(316,930	)
Tax effect	66,644				—			—		66,644
Other comprehensive income (loss)	$	(125,542	)		$	(124,744	)	$	—	$	(250,286	)

The following table presents the components of the changes in accumulated other comprehensive income (loss) (AOCI) as of and for the year ended December 31, 2014:



(In thousands)	Unrealized investment gains (losses)				Currency translation adjustments			Net pension asset				Accumulated other comprehensive income (loss)
Changes in AOCI
Beginning of period	$	256,566			$	(60,524	)	$	(6,651	)		$	189,391
Other comprehensive income (loss) before reclassifications	98,294				(62,125		)	—				36,169
Amounts reclassified from AOCI	(48,628		)		—			6,651				(41,977		)
Other comprehensive income (loss)	49,666				(62,125		)	6,651				(5,808		)
Unrealized investment gain related to non-controlling interest	(33		)		—			—				(33		)
Ending balance	$	306,199			$	(122,649	)	$	—			$	183,550
Amounts reclassified from AOCI
Pre-tax	$	(74,812	)	(1)	$	—		$	10,232		(3)	$	(64,580	)
Tax effect	26,184			(2)	—			(3,581		)	(2)	22,603
After-tax amounts reclassified	$	(48,628	)		$	—		$	6,651			$	(41,977	)
Other comprehensive income (loss)
Pre-tax	$	72,889			$	(62,125	)	$	10,232			$	20,996
Tax effect	(23,223		)		—			(3,581		)		(26,804		)
Other comprehensive income (loss)	$	49,666			$	(62,125	)	$	6,651			$	(5,808	)

_______________

(1) Net investment gains in the consolidated statements of income.

(2) Income tax expense in the consolidated statements of income.

(3) Other operating costs and expenses in the consolidated statements of income.