Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2018

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



	December 31, 2017
Net unrealized gain on available-for-sale investments	$	544
Foreign currency translation	—
Accumulated other comprehensive income	$	544

The unrealized gain on available-for-sale investments is net of a deferred income tax liability of $145,000 at December 31, 2017.

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,
	2018		2017			2018			2017
Beginning balance			$	6,087		$	544		$	6,661
Unrealized (gain) or loss reclassified and recognized in net loss, net of tax ⁽¹⁾			(5,485		)	16			(5,966		)
Unrealized gain reclassified to accumulated deficit, net of tax						(560		)
Foreign exchange reclassified and recognized in net loss, net of tax ⁽¹⁾			(2		)				2
Total amount reclassified and recognized in net income or loss, net of tax	—		(5,487		)	(544		)	(5,964		)
Unrealized gain on marketable securities, net of tax			175						67
Accumulated currency, net of tax			12						23
Net change in other comprehensive income, net of tax	—		(5,300		)	(544		)	(5,874		)
Accumulated other comprehensive income	$	—	$	787		$	—		$	787

⁽¹⁾Amounts reclassified from this category are included in other income, net in the condensed consolidated statement of operations and comprehensive income or loss.