Accumulated Other Comprehensive Income or Loss

6 Months Ended

Jun. 30, 2015

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income or Loss

Accumulated Other Comprehensive Income or Loss

The components of accumulated other comprehensive income are as follows (in thousands):

	June 30, 2015			December 31, 2014
Net unrealized gain on available-for-sale investments	$	5,056		$	4,773
Foreign currency translation	(93		)	(56		)
Accumulated other comprehensive income	$	4,963		$	4,717

The unrealized gain on available-for-sale investments is net of a deferred income tax liability of $2.7 million at June 30, 2015 and $2.6 million at December 31, 2014.

The following table reports amounts that were reclassified from accumulated other comprehensive income or loss and included in earnings (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2015			2014			2015			2014
Beginning balance	$	4,675		$	759		$	4,717		$	232
Unrealized gain on marketable securities, net of tax	327			569			590			1,043
Unrealized (gain) loss reclassified and recognized in net loss, net of tax (1)	7			(626		)	(307		)	(613		)
Accumulated foreign currency translation reclassified and recognized in net loss, net of tax (2)	79						341
Total reclassified and recognized in net loss, net of tax	86			(626		)	34			(613		)
Change in accumulated foreign currency translation, net of tax	(125		)	(42		)	(378		)	(2		)
Net change in other comprehensive income (loss), net of tax	288			(99		)	246			428
Accumulated other comprehensive income	$	4,963		$	660		$	4,963		$	660

⁽¹⁾Amounts reclassified from unrealized gain or loss on marketable securities are included in other income in the condensed consolidated statement of operations and comprehensive income or loss.

⁽²⁾ Amounts reclassified from unrealized gain or loss on foreign exchange are included in other income in the consolidated statement of operations and comprehensive income or loss.