Other Comprehensive (Loss) Income

9 Months Ended

Sep. 30, 2014

Equity [Abstract]

Other Comprehensive (Loss) Income

9. Other Comprehensive (Loss) Income

The following table is a summary of other comprehensive (loss) income and discloses the tax impact of each component of other comprehensive (loss) income for the three and nine months ended September 30, 2014 and 2013 (in thousands):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2014			2013			2014			2013
Net unrealized (loss) gain on available-for-sale securities, net of income taxes (1)	$	(95	)	$	47		$	(86	)	$	(128	)
Net unrealized gain on interest rate swaps, net of income taxes (2)		44			32			161			175
Foreign currency translation		(15	)		(14	)		(44	)		(45	)
Total other comprehensive (loss) income income	$	(66	)	$	65		$	31		$	2

(1) Net of income tax (benefit) expense of ($63) and $31 for the three months ended September 30, 2014 and 2013, respectively, and net of income tax benefit of $57 and $85 for the nine months ended September 30, 2014 and 2013, respectively.

(2) Net of income tax expense of $26 and $19 for the three months ended September 30, 2014 and 2013, respectively, and net of income tax expense of $95 and $103 for the nine months ended September 30, 2014 and 2013, respectively.

Accumulated other comprehensive loss, net of tax, was approximately $0.7 million at September 30, 2014 and December 31, 2013, respectively. Accumulated other comprehensive loss consisted of adjustments, net of tax, to unrealized gains and losses on available-for-sale securities and an interest rate swap, and adjustments for foreign currency translation.