Other Comprehensive Income

6 Months Ended

Jun. 30, 2018

Note 11. Other Comprehensive Income

The following table is a summary of other comprehensive income and discloses the tax impact of each component of other comprehensive income for the three and six months ended June 30, 2018 and 2017 (in thousands):

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2018			2017			2018			2017
Net unrealized gain (loss) on available-for-sale securities, net of income taxes (1)	$	4		$	62		$	(326	)	$	151
Net unrealized gain (loss) on interest rate swaps, net of income taxes (2)		176			(22	)		626			71
Foreign currency translation		(6	)		(3	)		(12	)		(5	)
Total other comprehensive income	$	174		$	37		$	288		$	217

(1)

Net of income tax expense of $1 and $41 for the three months ended June 30, 2018 and 2017, respectively, and net of income tax (benefit) expense of ($121) and $100 for the six months ended June 30, 2018 and 2017, respectively.

(2)

Net of income tax expense (benefit) of $54 and ($13) for the three months ended June 30, 2018 and 2017, respectively, and net of income tax expense of $193 and $42 for the six months ended June 30, 2018 and 2017, respectively.

Accumulated other comprehensive income (loss), net of tax, was approximately $0.1 million and ($0.2) million for the period ending June 30, 2018 and December 31, 2017, respectively. Accumulated other comprehensive income (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.