Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2021

OTHER COMPREHENSIVE INCOME (LOSS)

OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 5 – OTHER COMPREHENSIVE INCOME (LOSS) 

There were no reclassification adjustments in 2021 or 2020. Changes in components of other comprehensive income (loss) and taxes related to items of other comprehensive income (loss) are as follows:

	Year Ended December 31, 2021								Year Ended December 31, 2020
(In thousands)	Before Tax			Tax Effect		Net of Tax Amount			Before Tax		Tax Effect			Net of Tax Amount
Foreign currency translation adjustments	$	(193	)	$	—	$	(193	)	$	190	$	—		$	190
Unrealized gains (losses) on available-for-sale securities	(272		)	57		(215		)	145		(31		)	114
Other comprehensive income (loss)	$	(465	)	$	57	$	(408	)	$	335	$	(31	)	$	304

At December 31, 2021 and December 31, 2020 components of accumulated other comprehensive loss is as follows:

(In thousands)	Foreign Currency Translation Adjustments			Available- for-Sale Securities			Accumulated Other Comprehensive Loss
Balances at December 31, 2019	$	(1,475	)	$	69		$	(1,406	)
Other comprehensive income for the year ended December 31, 2020	190			114			304
Balances at December 31, 2020	$	(1,285	)	$	183		$	(1,102	)
Other comprehensive loss for the year ended December 31, 2021		(193	)		(215	)		(408	)
Balances at December 31, 2021	$	(1,478	)	$	(32	)	$	(1,510	)