Other Comprehensive Loss

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Other Comprehensive Loss

Note 8. Other Comprehensive LOSS

The following table is a summary of other comprehensive loss and discloses the tax impact of each component of other comprehensive loss for the three and nine months ended September 30, 2020 and 2019 (in thousands):

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2020			2019			2020			2019
Net unrealized (loss) gain on available-for-sale    securities, net of income taxes (1)	$	(46	)	$	72		$	(1	)	$	894
Net unrealized loss on interest rate swaps, net    of income taxes (2)		(136	)		(194	)		(1,796	)		(1,351	)
Foreign currency translation		(4	)		(7	)		(18	)		(13	)
Total other comprehensive loss	$	(186	)	$	(129	)	$	(1,815	)	$	(470	)

(1) Net of income tax (benefit) expense of ($17) and $27 for the three months ended September 30, 2020 and 2019, respectively, and net of income tax expense of $2 and $331 for the nine months ended September 30, 2020 and 2019, respectively.

(2) Net of income tax benefit of $45 and $61 for the three months ended September 30, 2020 and 2019, respectively, and net of income tax benefit of $579 and $419 for the nine months ended September 30, 2020 and 2019, respectively.

Accumulated other comprehensive loss, net of tax, was approximately $2.5 million and $0.7 million as of September 30, 2020 and December 31, 2019, 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.