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Accumulated Other Comprehensive Income
6 Months Ended
Jun. 30, 2018
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income

The following tables provide changes in the balances of each component of accumulated other comprehensive income, net of tax, for the periods ended June 30, 2018 and 2017:
Three Months Ended June 30, 2018 (in thousands)
Unrealized Gains and Losses
On Available-for-Sale
Securities
 
Postretirement
Benefits Plans
 
 
Total
Beginning balance at April 1
$
1,078

 
$
(69
)
 
$
1,009

Other comprehensive loss before reclassifications
(203
)
 

 
(203
)
Amounts reclassified from accumulated other comprehensive income

 

 

Net current-period other comprehensive loss
(203
)
 

 
(203
)
Ending balance
$
875

 
$
(69
)
 
$
806

Three Months Ended June 30, 2017 (in thousands)
Unrealized Gains and Losses
On Available-for-Sale
Securities
 
Postretirement
Benefits Plans
 
 
Total
Beginning balance at April 1
$
12,910

 
$
(109
)
 
$
12,801

Other comprehensive gain before reclassifications
920

 

 
920

Amounts reclassified from accumulated other comprehensive income
(55
)
 
2

 
(53
)
Net current-period other comprehensive income
865

 
2

 
867

Ending balance
$
13,775

 
$
(107
)
 
$
13,668

Six Months Ended June 30, 2018 (in thousands)
Unrealized Gains and Losses
On Available-for-Sale
Securities
 
Postretirement
Benefits Plans
 
 
Total
Beginning balance at January 1
$
16,003

 
$
(58
)
 
$
15,945

Cumulative effect adjustment for adoption of new accounting standards
(13,616
)
 
(11
)
 
(13,627
)
Other comprehensive loss before reclassifications
(1,512
)
 

 
(1,512
)
Amounts reclassified from accumulated other comprehensive income

 

 

Net current-period other comprehensive loss
(1,512
)
 

 
(1,512
)
Ending balance
$
875

 
$
(69
)
 
$
806

Six Months Ended June 30, 2017 (in thousands)
Unrealized Gains and Losses
On Available-for-Sale
Securities
 
Postretirement
Benefits Plans
 
 
Total
Beginning balance at January 1
$
11,871

 
$
(110
)
 
$
11,761

Other comprehensive income before reclassifications
2,017

 

 
2,017

Amounts reclassified from accumulated other comprehensive income
(113
)
 
3

 
(110
)
Net current-period other comprehensive income
1,904

 
3

 
1,907

Ending balance
$
13,775

 
$
(107
)
 
$
13,668



The following tables provide significant amounts reclassified out of each component of accumulated other comprehensive income for the periods ended June 30, 2018 and 2017:
Three Months Ended June 30, 2018 (in thousands)
 
 
 
Details about Accumulated Other
Comprehensive Income Components
Amount Reclassified from
Accumulated Other
Comprehensive Income
 
 Affected Line Item in the Consolidated
Statements of Income
Unrealized gains and losses on available-for-sale securities:
 
 
 
Net realized gain on investments
$

 
 
Other-than-temporary impairments

 
 
Total
$

 
Net realized investment gains
Tax

 
Provision for Income Taxes
Net of Tax
$

 
 
Amortization related to postretirement benefit plans:
 

 
 
Prior year service cost
$

 
 
Unrecognized loss

 
 
Total
$

 
(a)
Tax

 
Provision for Income Taxes
Net of Tax
$

 
 
Reclassifications for the period
$

 
 
Three Months Ended June 30, 2017 (in thousands)
 
 
 
Details about Accumulated Other
Comprehensive Income Components
Amount Reclassified from
Accumulated Other
Comprehensive Income
 
 Affected Line Item in the Consolidated
Statements of Income
Unrealized gains and losses on available-for-sale securities:
 
 
 
Net realized gain on investments
$
83

 
 
Other-than-temporary impairments

 
 
Total
$
83

 
Net realized investment gains
Tax
(28
)
 
Provision for Income Taxes
Net of Tax
$
55

 
 
Amortization related to postretirement benefit plans:
 

 
 
Prior year service cost
$

 
 
Unrecognized loss
(2
)
 
 
Total
$
(2
)
 
(a)
Tax

 
Provision for Income Taxes
Net of Tax
$
(2
)
 
 
Reclassifications for the period
$
53

 
 













Six Months Ended June 30, 2018 (in thousands)
 
 
 
Details about Accumulated Other
Comprehensive Income Components
Amount Reclassified from
Accumulated Other
Comprehensive Income
 
 Affected Line Item in the Consolidated
Statements of Income
Unrealized gains and losses on available-for-sale securities:
 
 
 
Net realized gain on investments
$

 
 
Other-than-temporary impairments

 
 
Total
$

 
Net realized investment gains
Tax

 
Provision for Income Taxes
Net of Tax
$

 
 
Amortization related to postretirement benefit plans:
 

 
 
Prior year service cost
$

 
 
Unrecognized loss

 
 
Total
$

 
(a)
Tax

 
Provision for Income Taxes
Net of Tax
$

 
 
Reclassifications for the period
$

 
 
Six Months Ended June 30, 2017 (in thousands)
 
 
 
Details about Accumulated Other
Comprehensive Income Components
Amount Reclassified from
Accumulated Other
Comprehensive Income
 
 Affected Line Item in the Consolidated
Statements of Income
Unrealized gains and losses on available-for-sale securities:
 
 
 
Net realized gain on investments
$
173

 
 
Other-than-temporary impairments

 
 
Total
$
173

 
Net realized investment gains
Tax
(60
)
 
Provision for Income Taxes
Net of Tax
$
113

 
 
Amortization related to postretirement benefit plans:
 

 
 
Prior year service cost
$

 
 
Unrecognized loss
(4
)
 
 
Total
$
(4
)
 
(a)
Tax
1

 
Provision for Income Taxes
Net of Tax
$
(3
)
 
 
Reclassifications for the period
$
110

 
 

(a)
These accumulated other comprehensive income components are not reclassified to net income in their entirety in the same reporting period. The amounts are presented within personnel costs on the Consolidated Statements of Income as amortized. Amortization and accretion related to postretirement benefit plans is included in the computation of net periodic pension costs, as discussed in Note 5.