Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2016

Equity [Abstract]

Other Comprehensive Income (Loss)

9. Other Comprehensive Income (Loss)

The following table is a summary of other comprehensive income (loss) and discloses the tax impact of each component of other comprehensive income (loss) for the three and nine months ended September 30, 2016 and 2015 (in thousands):

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2016			2015			2016			2015
Net unrealized (loss) gain on available-for-sale    securities, net of income taxes (1)	$	(94	)	$	31		$	249		$	24
Net unrealized gain (loss) on interest rate swaps, net    of income taxes (2)		247			—			(516	)		79
Foreign currency translation		(3	)		(15	)		(24	)		(41	)
Total other comprehensive income (loss)	$	150		$	16		$	(291	)	$	62

(1) Net of income tax (benefit) expense of ($63) and $21 for the three months ended September 30, 2016 and 2015, respectively, and net of income tax expense of $167 and $16 for the nine months ended September 30, 2016 and 2015, respectively.

(2) Net of income tax expense of $145 and $0 for the three months ended September 30, 2016 and 2015, respectively, and net of income tax (benefit) expense of ($303) and $46 for the nine months ended September 30, 2016 and 2015, respectively.

Accumulated other comprehensive loss, net of tax, was approximately $0.9 million and $0.6 million at September 30, 2016 and December 31, 2015, respectively. Accumulated other comprehensive loss consisted of adjustments, net of tax, for unrealized gains and losses on available-for-sale securities and interest rate swaps, and foreign currency translation.