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Other Comprehensive Income
9 Months Ended
Sep. 30, 2017
Other Comprehensive Income

(7) Other Comprehensive Income

The following table presents the components of and changes in accumulated other comprehensive income attributable to Landstar System, Inc. and subsidiary, net of related income taxes, as of and for the thirty-nine-week period ended September 30, 2017 (in thousands):

 

     Unrealized
Holding (Losses)
Gains on
Available-for-Sale
Securities
     Foreign Currency
Translation
     Total  

Balance as of December 31, 2016

   $ (71    $ (3,018    $ (3,089

Other comprehensive income

     251        1,130        1,381  
  

 

 

    

 

 

    

 

 

 

Balance as of September 30, 2017

   $ 180      $ (1,888    $ (1,708
  

 

 

    

 

 

    

 

 

 

Amounts reclassified from accumulated other comprehensive income to investment income due to the realization of previously unrealized gains and losses in the accompanying consolidated statements of income were not significant for the thirty-nine-week period ended September 30, 2017.