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SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
Sep. 30, 2016
SHAREHOLDERS' EQUITY  
Schedule of components of accumulated other comprehensive income (loss)

                                                                                                                                                                                         

 

 

September 30,

 

 

 

2016

 

2015

 

2014

 

 

 

(in thousands)

 

Pre-tax amounts:

 

 

 

 

 

 

 

 

 

 

Unrealized appreciation on securities

 

$

33,051

 

$

27,021

 

$

157,838

 

Unrealized actuarial loss

 

 

(34,112

)

 

(30,144

)

 

(23,405

)

​  

​  

​  

​  

​  

​  

 

 

$

(1,061

)

$

(3,123

)

$

134,433

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

After-tax amounts:

 

 

 

 

 

 

 

 

 

 

Unrealized appreciation on securities

 

$

20,899

 

$

17,201

 

$

97,418

 

Unrealized actuarial loss

 

 

(21,103

)

 

(18,578

)

 

(14,292

)

​  

​  

​  

​  

​  

​  

 

 

$

(204

)

$

(1,377

)

$

83,126

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Summary of the changes in accumulated other comprehensive income (loss), net of tax, by component

                                                                                                                                                                                                     

 

 

Unrealized
Appreciation
(Depreciation) on
Available-for-sale
Securities

 

Defined
Benefit
Pension Plan

 

Total

 

 

 

(in thousands)

 

Balance September 30, 2015

 

$

17,201

 

$

(18,578

)

$

(1,377

)

Other comprehensive income before reclassifications

 

 

2,772

 

 

 

 

2,772

 

Amounts reclassified from accumulated other comprehensive income (loss)

 

 

926

 

 

(2,525

)

 

(1,599

)

​  

​  

​  

​  

​  

​  

Net current-period other comprehensive Income (loss)

 

 

3,698

 

 

(2,525

)

 

1,173

 

​  

​  

​  

​  

​  

​  

Balance September 30, 2016

 

$

20,899

 

$

(21,103

)

$

(204

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of accumulated other comprehensive income (loss) components which were reclassified to the Condensed Consolidated Statement of Operations

                                                                                                                                                                                                                        

 

 

Amount
Reclassified from
Accumulated Other
Comprehensive
Income (Loss)

 

 

 

 

Affected line item in the
Consolidated Statement of Operations

Details about Accumulated Other
Comprehensive Income (Loss) Components

 

2016

 

2015

 

 

(in thousands)

 

 

Other-than-temporary impairment of available-for-sale securities

 

$

1,509

 

$

 

Gain (loss) on investment securities

 

 

 

(583

)

 

 

Income tax provision

​  

​  

​  

​  

 

 

$

926

 

$

 

Net of tax

​  

​  

​  

​  

Defined Benefit Pension Items

 

$

(3,968

)

$

(6,738

)

General and administrative

Amortization of net actuarial loss

 

 

1,443

 

 

2,452

 

Income tax provision

​  

​  

​  

​  

 

 

$

(2,525

)

$

(4,286

)

Net of tax

​  

​  

​  

​  

Total reclassifications for the period

 

$

(1,599

)

$

(4,286

)

 

​  

​  

​  

​  

​  

​  

​  

​