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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Net income (loss) $ 12,915 $ 13,898 $ 35,718 $ 15,509
Other comprehensive income (loss):        
Change in net unrealized gains (losses) on investments, net of deferred tax of $7,906 and $(322) for the three months ended 09/30/2012 and 09/30/2011 and $15,702 and $8,251 for the nine months ended 09/30/2012 and 09/30/2011 respectively 14,727 [1] (511) [1] 31,280 [2] 16,360 [2]
Change in foreign currency translation gains (losses), net of deferred tax of $1,679 and $(273) for the three months ended 09/30/2012 and 09/30/2011 and $172 and $86 for the nine months ended 09/30/2012 and 09/30/2011 respectively 3,118 (701) (694) 222
Other comprehensive income (loss) 17,845 (1,212) 30,586 16,582
Comprehensive income (loss) $ 30,760 $ 12,686 $ 66,304 $ 32,091
[1] Disclosure of reclassification amount, net of tax: Unrealized gains (losses) on investments arising during period $ 16,866 $ 411 Reclassification adjustment for net realized gains (losses) included in net income (2,139 ) (1,025 ) Reclassification adjustment for other-than-temporary impairment losses recognized in net income - 103 Change in net unrealized gains (losses) on investments, net of tax $ 14,727 $ (511 )
[2] Disclosure of reclassification amount, net of tax: Unrealized gains (losses) on investments arising during period $ 33,456 $ 15,986 Reclassification adjustment for net realized gains (losses) included in net income (2,513 ) 264 Reclassification adjustment for other-than-temporary impairment losses recognized in net income 337 110 Change in net unrealized gains (losses) on investments, net of tax $ 31,280 $ 16,360