XML 156 R6.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net income: $ 26,661 $ 31,602 $ 59,236
Other comprehensive income (loss):      
Interest rate swap (336)    
Reclassification of net realized (gain) loss included in earnings (69) 1,061 (10,750)
Reclassification into retained earnings [1]   932  
Reclassification of other-than-temporary impairment loss included in earnings   2,330 2,288
Total before income taxes 455 1,472 (6,456)
Income (expense) tax benefit [2] (116) (685) 2,488
Total other comprehensive (loss) income, net of tax 339 787 (3,968)
Total comprehensive income, net of tax 27,000 32,389 55,268
Unrestricted available-for-sale, Debt securities      
Other comprehensive income (loss):      
Net unrealized gain (loss) on investments 842 (2,845)  
Unrestricted available-for-sale, Debt and equity securities      
Other comprehensive income (loss):      
Net unrealized gain (loss) on investments     2,015
Restricted      
Other comprehensive income (loss):      
Net unrealized gain (loss) on investments $ 18 $ (6) $ (9)
[1] The reclassification into retained earnings for the year ended December 31, 2018 relates to the adoption of ASU 2016-01 Financial Instruments - Overall, as amended (“ASU 2016-01”). The new guidance was effective January 1, 2018, and required equity investments to be measured at fair value with changes in fair value recognized in results of operations rather than the consolidated statements of comprehensive income.
[2] Income tax expense for the year ended December 31, 2018 includes $0.3 million of income tax expense related to the adoption of ASU 2018-02 Income Statement - Reporting Comprehensive Income (“ASU 2018-02”). The new guidance was effective January 1, 2018, and allowed a reclassification from accumulated other comprehensive loss to retained earnings for stranded tax effects resulting from the Tax Act.