Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2013

Accumulated Other Comprehensive Income (Loss)

NOTE 19.    Accumulated Other Comprehensive Income (Loss):

Components of accumulated other comprehensive income (loss) are as follows:

	Net unrealized gains (losses) on securities			Foreign currency translation adjustment			Pension benefit adjustment			Accumulated other comprehensive income (loss)
	(in thousands)
Balance at December 31, 2010	$	(3,237	)	$	10,960		$	(156,803	)	$	(149,080	)
Pretax change before reclassifications		(746	)		(6,167	)		(42,721	)		(49,634	)
Pretax change in other-than-temporary impairments for which credit-related portion was recognized in earnings		3,573			—			—			3,573
Amounts reclassified from accumulated other comprehensive income		(10,987	)		—			22,662			11,675
Tax effect		(2,012	)		—			8,025			6,013
Balance at December 31, 2011		(13,409	)		4,793			(168,837	)		(177,453	)
Pretax change before reclassifications		122,243			5,131			(46,602	)		80,772
Pretax change in other-than-temporary impairments for which credit-related portion was recognized in earnings		6,502			—			—			6,502
Amounts reclassified from accumulated other comprehensive income		(69,834	)		—			23,983			(45,851	)
Tax effect		(23,564	)		—			9,048			(14,516	)
Balance at December 31, 2012		21,938			9,924			(182,408	)		(150,546	)
Pretax change before reclassifications		(44,205	)		(13,650	)		53,080			(4,775	)
Pretax change in other-than-temporary impairments for which credit-related portion was recognized in earnings		3,809			—			—			3,809
Amounts reclassified from accumulated other comprehensive income		(9,795	)		—			27,648			17,853
Tax effect		19,526			—			(31,404	)		(11,878	)
Balance at December 31, 2013	$	(8,727	)	$	(3,726	)	$	(133,084	)	$	(145,537	)

Components of accumulated other comprehensive income (loss) allocated to the Company and noncontrolling interests are as follows:

	Net unrealized gains (losses) on securities			Foreign currency translation adjustment			Pension benefit adjustment			Accumulated other comprehensive income (loss)
	(in thousands)
2013
Allocated to the Company	$	(8,734	)	$	(3,726	)	$	(133,084	)	$	(145,544	)
Allocated to noncontrolling interests		7			—			—			7
Balance at December 31, 2013	$	(8,727	)	$	(3,726	)	$	(133,084	)	$	(145,537	)
2012
Allocated to the Company	$	21,928		$	9,924		$	(182,408	)	$	(150,556	)
Allocated to noncontrolling interests		10			—			—			10
Balance at December 31, 2012	$	21,938		$	9,924		$	(182,408	)	$	(150,546	)
2011
Allocated to the Company	$	(13,415	)	$	4,793		$	(168,837	)	$	(177,459	)
Allocated to noncontrolling interests		6			—			—			6
Balance at December 31, 2011	$	(13,409	)	$	4,793		$	(168,837	)	$	(177,453	)

The reclassifications out of accumulated other comprehensive income for the year ended December 31, 2013 are as follows:

(in thousands)	Amounts reclassified from accumulated other comprehensive income					Affected line items in the  consolidated statements of income
Net unrealized gains on securities:
Net realized gains on sales of securities	$	9,795				Net realized investment gains
Tax effect	$	(3,811	)
Pension benefit adjustment:
Amortization of defined benefit pension and supplemental benefit plan items:
Net actuarial loss	$	(32,033	)	(1	)
Prior service credit		4,385		(1	)
Pretax total	$	(27,648	)
Tax effect	$	10,757

(1) These accumulated other comprehensive income components are included in the computation of net periodic cost. See Note 14 Employee Benefit Plans for additional details.