Reclassification of OCI

3 Months Ended

Mar. 31, 2015

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Reclassification out of Other Comprehensive Income

7. Reclassification out of Accumulated Other Comprehensive Income

The reclassification adjustments from accumulated other comprehensive income (“AOCI”) to net income for the three months ended March 31, 2015 and 2014 were as follows (dollars in thousands):

	Three Months Ended
	March 31, 2015
	Foreign currency translation gain (loss), net of tax		Marketable securities,  net of tax			Total
Balance at the beginning of period	$	—	$	71,959		$	71,959
Other comprehensive loss before reclassifications	—		(9,779		)	(9,779		)
Amounts reclassified from AOCI (a)	—		(81		)	(81		)
Net change in AOCI	—		(9,860		)	(9,860		)
Balance at the end of period	$	—	$	62,099		$	62,099

^(a)  Includes a $126 impact of AOCI reclassification into “Gain on disposition of equity securities” for net gain on available-for-sale securities for the three months ended March 31, 2015. The tax impact of this reclassification was $45.

	Three Months Ended
	March 31, 2014
	Foreign currency translation gain,  net of tax		Marketable securities,  net of tax		Total
Balance at the beginning of period	$	4,649	$	—	$	4,649
Other comprehensive income before reclassifications	533		—		533
Net change in AOCI	533		—		533
Balance at the end of period	$	5,182	$	—	$	5,182